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Is physical gold less risky to invest in?
Posted by: INGing ()
Date: February 16, 2017 05:24PM

https://www.ezonomics.com/blogs/is-physical-gold-less-risky-when-it-comes-to-investing/

Thought about doing that, but after reading this, not sure. Could make you the richest man in the region if the economy collapses, but if not, you just look like a fool.

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Re: Is physical gold less risky to invest in?
Posted by: Just In Case ()
Date: February 16, 2017 06:31PM

I have about 7 lbs. of bullion coin in the gun vault here at home.

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Re: Is physical gold less risky to invest in?
Posted by: VykjU ()
Date: February 16, 2017 07:20PM

But do you have toilet paper?

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Re: Is physical gold less risky to invest in?
Posted by: INGing ()
Date: February 16, 2017 08:34PM

Just In Case Wrote:
-------------------------------------------------------
> I have about 7 lbs. of bullion coin in the gun
> vault here at home.


Where did you get your bullion from? I've seen a couple websites that sell but I am not sure which to choose from. One site also sold bars of copper claiming it was a wise investment as well, and I just couldn't take it seriously.

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Re: Is physical gold less risky to invest in?
Posted by: Jones ()
Date: February 16, 2017 09:04PM

Gold stocks are by far the best investment when the shit is flying. The only time when the metal becomes more valuable then the shares is when someone turns on the fan. I hope this helps.

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Re: Is physical gold less risky to invest in?
Posted by: mjs ()
Date: February 17, 2017 11:44AM

have Krugerrand and some maple leafs. held onto them too long. I'm now waiting for it to get back above 1400 bucks to get back to even steven.

precious metals will always have value. but when the shit really hits the fan... better have some weapons. Guns will hold their value..

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Re: Is physical gold less risky to invest in?
Posted by: Speculation not investing ()
Date: February 17, 2017 01:13PM

If you're buying physical gold to invest in you're going to get killed on the fees and the spread. Now if you're a paranoid prepper type, go for it. Just buy the stock if you want to buy gold. Holding a meaningful amount of your net worth in gold for the long term is dumb. It's good for speculating, but in the long term gold is the worst asset you can own.

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Re: Is physical gold less risky to invest in?
Posted by: Stones. ()
Date: February 17, 2017 01:48PM

You have $130,000 in actual gold? I hope you bought it 20 years ago, otherwise you are an idiot and lost money. If you put that in the market 8 years ago instead of following through on some end of the world prediction touted on Fox News at 2 am, you'd have closer to $350,000.

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Re: Is physical gold less risky to invest in?
Posted by: speculating not investing ()
Date: February 17, 2017 02:32PM

9298-figure-1.jpg

That chart doesn't even show the nasty 30% drop over the past 5 years.

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Re: Is physical gold less risky to invest in?
Posted by: Vexxxed ()
Date: February 17, 2017 04:37PM

speculating not investing Wrote:
-------------------------------------------------------
> src="http://www.aaii.com/files/images/articles/929
> 8-figure-1.jpg"/>
>
> That chart doesn't even show the nasty 30% drop
> over the past 5 years.


That chart contains exactly zero in the way of fact, useful information or the truth.

Looks like any other ad for a stock broker or analyst.

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Re: Is physical gold less risky to invest in?
Posted by: vexxed the gold bug ()
Date: February 17, 2017 04:43PM

Vexxxed Wrote:
-------------------------------------------------------
> speculating not investing Wrote:
> --------------------------------------------------
> -----
> > >
> src="http://www.aaii.com/files/images/articles/929
>
> > 8-figure-1.jpg"/>
> >
> > That chart doesn't even show the nasty 30% drop
> > over the past 5 years.
>
>
> That chart contains exactly zero in the way of
> fact, useful information or the truth.
>
> Looks like any other ad for a stock broker or
> analyst.

It's actually quite clear, you're just too stupid to analyze it.

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