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$1,391.7 gold futures

Any rise in any investment is based on that belief. Particularly...

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Jonty111

68 Posts.

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27/01/20

16:16

Post #: 42588334
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Originally posted by Dr.Who: ↑

Gold returns tend to be worse than other investments of similar risk and volatility, and this will always be the case.

The reason is that gold does not actually produce anything or create any value.

Any rise in its worth is based on the belief that when the time comes to sell, someone else will pay more for it.

Unlike equity or bonds or bank deposits, the money that you invest in gold does not contribute to economic growth.

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Any rise in any investment is based on that belief. Particularly property. If someone wants to pay me more government promises for my gold thats just a bonus.

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