GOLD 0.51% $1,391.7 gold futures

gold, page-70848

  1. 17,185 Posts.
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    Theoretically Steve,

    Gold prices rise due to demand in times of crisis as a safe haven for storing SOME wealth, not all wealth,

    Your share portfolio should hold some gold stocks, those gold stocks can be top tier gold stocks that pay you a dividend for doing nothing, or just a dog gold stock that your holding for times of SHTF scenario like right now,

    Your house is a store of wealth, you can make capital growth over the long term, you can borrow against your house in the form of leverage,

    Property is a store of wealth, the property doesn't have to earn an income, its the capital growth over the long term that is the store of wealth,

    Paintings are a store of wealth, as is silver,

    Cash is not nessacraliy a store of wealth, but should be buriedfor a rainy day,

    Then we get to hyperinflation, etc,

    1ronnie has some really good posts on the economic thread, I think, i cant remember now, lol,

    Anyway, Gold is being manipulated, to knock emotional investors out of the game, dont be emotional ,,,,,,

    You must be UNSHAKABLE, do not sell anything unless you have to,

    In my opinion,

 
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