GOLD 0.51% $1,391.7 gold futures

gold, page-290

  1. 42,702 Posts.
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    If I put my shoes in a Gold/Silver physical buyer, unless I have a lot of excess cash that needs to find a home without requiring to use it at all, then how do I generate return and see some fruits of that loyalty. It doesn't pay be any dividends so I have to monetise to get some 'returns' . Your typical holder is hedging against a market crash and in today's conditions there are plenty of reasons to hold those ounces tight without letting let go. As gold rise, there is more urgent reasons to be buying and storing it. At some point one has to monetise it. I don't have the patience of Skol and his decade hold so I rather use the gold producers to effectively gives me a much superior return.

    That is my take and will be inappropriate to others both in logic and mind set.
 
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