GOLD 0.51% $1,391.7 gold futures

the point of ownin physical gold if usd falls?, page-2

  1. 804 Posts.
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    gold never has been an investment wheevoocs - its money so just forget about the financial semantics and the nominal value and get some money fast if you don't have any.
    can trade currencies with some of your gold (time your entry, put the money in a bank) but who knows where paper money is going these days
    and then again how much gold do you need for financial security - owning land might do just as well (might have to forget about the nominal value there too)
    its just that everything may lose value and gold and land may loose value the least

    negative hedge is the word I think - maybe someone can correct me here
 
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