Is gold a good investment?
#1
Gold’s fans advocate owning the yellow metal as a hedge against inflation and stock market disaster. But other investors, including Warren Buffett, believe it has no role in a modern portfolio. 


Quote:“Gold has no intrinsic value other than for jewellery and some industrial use, and it produces no income,” says Joe Heider, founder of Cirrus Wealth Management in Cleveland. 

Over the long term, he says, gold is no match for a diversified portfolio of stocks and bonds. Since 1986, the price of gold has increased by roughly 200%; in the same period, the Dow Jones industrial average rose 900%. If you’re determined to own gold, it’s best notto hold it in physical form. 

A safer—and cheaper—approach is to buy an ETF backed by the precious metal, in any given year, gold can outshine stocks (and vice versa), but over the long term, equities beat the precious metal.

#2
/logs onto ABSA
/sees GLD holding still down 14%
/cries
/promises myself never to buy gold ever again

#3
That being said: http://ewn.co.za/2017/02/20/anc-nec-memb...dhan-to-go

#4
(02-20-2017, 08:05 AM)Hamster Wrote: That being said: http://ewn.co.za/2017/02/20/anc-nec-memb...dhan-to-go

/buys gold
Buy altcoins with bitcoins here Changelly

#5
"You're Going To See A Rush For Gold" - Katusa Warns De-Dollarization Is Accelerating

Global strategist Marin Katusa is the New York Times best selling author of The Colder War, which details the geo-political power shift that threatens the global dominance of the United States. He’s also a well known resource hedge fund manager who legendary investor Doug Casey has called one of the best market analysts he’s ever worked with.

His prior forecasts noted that countries around the world would soon stop trading commodities like oil in the U.S. dollar, something we’re already seeing with China, Russia, Iran, and Venezuela, all of which are preparing non-dollar, gold-backed mechanisms of exchange.
This trend, according to Katusa in a must see interview with Future Money Trends, will only continue to weaken the U.S. dollar going forward and the result will be a massive capital flight to gold in coming years:
I think we’ll have a near term bounce on the U.S. dollar… then it’s going to be very weak… and then it’s going to go much, much lower… With China and Russia working together to de-dollarize the U.S. dollar starting with oil, which is the biggest market… and then all the other commodities.
You’re going to start seeing a massive unwind of these U.S. dollars in the emerging markets. When that money comes back… which it will… and the world starts cluing in that the emerging markets need gold to convert the Yuan and the Ruble and all these different factors, you’re going to see a massive rush for gold.

Katusa notes that he is preparing to “load up” on gold-based assets as the dollar strengthens and puts additional pressure on gold prices, but says that by next year major fund managers will start moving capital back into precious metals in response to dollar weakness, global de-dollarization and economic crisis:
Everybody wants to rush in when something’s exciting… but you take your position before the massive flow of money…
I think we have a near term dead cat bounce for the U.S. dollar… which will mean we’re going to have a little bit of weakness here in gold in the near term… the next six months is my time to load up.
…And when the funds flow come in… it’s going to be the equivalent of Niagra Falls coming through your garden hose.

The geo-political realignment taking place now stands to upend the financial and economic systems as we know them. This shift will not come without crisis and panic. The time to position yourself in gold-based assets is now.






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