GOLD 0.51% $1,391.7 gold futures

I have to disagree with you regarding Gold. Gold itself (the...

  1. 1,279 Posts.
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    I have to disagree with you regarding Gold. Gold itself (the physical object) is not an investment. There is no expectation of return in terms of dividends and so Gold should be regarded differently.
    The primary function that Gold performs is to act as a store of value and as a hedge against inflation especially in a world of unbridled monetary expansion and continually debasing of fiat currency.

    There is hope among those whom own Gold for there to be an increase in price more than the rate of inflation BUT it is not an expectation.

    In March we witnessed a huge drop in equity stocks which was not reflected in the fiat price of Gold and in this case Gold demonstrated its value and fulfilled its main function of retaining relative value.

    Can you really not understand this simple fact?
 
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