gold, page-62605

Skol you provide a balanced argument, which readers of the forum will consider when weighing up the pros and cons of investing in gold. Clearly cons outweigh the pros but that is for individuals to decide.

Capital is best deployed in products and services that humans need or desire leading to improving standards of living.

And that is what the facts say. Improving standards of living and equities outperforming any other asset class over the long haul.

The "invest wisley and forget" mantra proves to be a good one -provided investing in solid track record companies. Personally I like to hunt for the turnarounds or innovative new idea, much riskier but fare better returns.

Gold falls in the dull and boring category. One is unlikely to go broke but gold barely keeps its head above inflation with a long term 1.7% real return.

Skol your content helps keep a forum balanced in its view, well done.