Nice. Gold is part of the hard asset portfolio for when paper assets are failing - Property, Land, Gold, Food, and Energy. Property/Land although much less liquid, has the income potential.
So if the economy implodes, gold is not a good commodity to own because it "doesn't pay an income?" What about paper "gold" contracts that far exceeds the actual amount of physical gold in existence, used to manipulate the price of PMs?
Nice. Gold is part of the hard asset portfolio for when paper assets are failing - Property, Land, Gold, Food, and Energy.
Property/Land although much less liquid, has the income potential.
So if the economy implodes, gold is not a good commodity to own because it "doesn't pay an income?" What about paper "gold" contracts that far exceeds the actual amount of physical gold in existence, used to manipulate the price of PMs?
Yes it is gamble. If you traded gold you would know. Price rise or drops by 100 in a second. Wall Street
Lol gordon brown
Brown's bottom