GOLD 0.51% $1,391.7 gold futures

gold, page-16163

  1. 43,945 Posts.
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    "As i have said gold is more about wealth preservation"
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    Somehow I never quite understand this statement that I grew up with! If I had bought gold bars at 1900. how am I preserving my wealth at today's gold price?

    "A crash in property people then look to preserve wealth in the share market, a crash in the share market people look to preserve wealth in gold ."
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    What caused the GFC? It wasn't a banking collapse that caused it by the way.

    "People just look for the highest rate of return and are sheep and follow the moves ."
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    Well silly me, I didn't know that! So all those American sheeps who were chasing yield and got a whole heap of capital gains in the SP500/DJ30 as well were real stupid? 2009 low to present day record high and counting, I think I wanna be a sheep.
 
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