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$1,391.7 gold futures

gold is a legacy investment vehicle from a time before mass...

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Crom Valen

44,246 Posts.

2012

15/10/19

09:42

Post #: 40882304
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Originally posted by Skol ↑

Gold looks OK to you?

Maybe to you, but to most people it's an interesting hobby for collectors and amateurs and an instrument for speculation.Gold needs to get to US$2,730 to get to its 1980 high, adjusted for inflation.
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Enter the Modern World. Ultimately, gold is a legacy investment vehicle from a time before mass communications, ease of global travel, and the internet.

It no longer is the default store of value that it once was, and financial and technological advances have made it an investment best suited for collectors and hobbyists, but certainly not for serious investors.

https://www.aol.com/article/finance/2015/02/05/gold-worst-investment-history/21138139/?

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gold is a legacy investment vehicle from a time before mass communications, ease of global travel, and the internet.

It no longer is the default store of value that it once was....(plus more dribble).

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