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Thread: Precious metals like gold

  1. #1

    Precious metals like gold

    If you're not a genius, would you be all right just buying a bunch of gold and hanging onto it for a couple decades? It's not a complex strategy, but maybe it could work.

  2. #2
    better yet, buy into either a pink diamond explorer or us gold miner with zero debt.
    problem was, fdr seized all the gold, then closed all the gold mines. after he seized the gold, very few rebelled.
    John Dillinger, Ma Barker, Alvin Carpis, ect
    its akin to trying to lead a horse by holding a carrot near its just aint gonna work

  3. #3
    Much of gold's value is:

    1) Psychological.

    2) As a parking place during uncertain times.

    There's no guarantee it will go up forever..

    However, you can buy gold without having to actually hold it by buying ETF's.. You can even make money on it when gold is going up, or down, in this manner.

    Depending on the ETF you choose, it doesn't matter.

    Some old things are lovely..
    Warm still with the life of forgotten men who made them.

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