Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-93073

First 93073 Last

Share
Profile

Follow
sergeant

6,138 Posts.

443

02/03/21

11:22

Post #: 51446239
Share

Originally posted by Skol ↑

You completely misunderstand the nature of the article.

It doesn't mean that people will lose their investment, US Treasury Bonds are the safest bet on the planet bar none, but what that article means is that as interest rates rise, bond values will decline. In addition interest rates are very low and likely to remain that way for some time.

US10 Year note rates have spiked up recently which means the Bonds are losing value.

You think they should buy gold? One look at a gold price chart should convince them to steer well clear.

https://en.wikipedia.org/wiki/United_States_Treasury_security

Expand

Skol, you conveniently forget to mention that over time, the USD (in which US treasuries are denominated) has declined by 60%. You dont get that problem with gold, as I explained to you the other day.

Last edited by sergeant: 02/03/21
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 33,392 more messages in this thread...

First 93073 Last

Add GOLD (COMEX) to my watchlist