I don’t see gold as the ‘insurance’ some people think it is. If you’re holding gold through an institution, they could be using it as collateral for other investments.
Why invest in gold at all? It’s not a great investment.
Xavier said:
Why invest in gold at all? It’s not a great investment.
It’s doing pretty well this year.
Xavier said:
Why invest in gold at all? It’s not a great investment.
It’s doing pretty well this year.
Sure, but since 1980, it’s basically just kept pace with inflation. Some years it shines, but others it lags.
@Jordan
Exactly why it makes a great diversifier for rebalancing.
Xavier said:
Why invest in gold at all? It’s not a great investment.
Gold is mostly a store of value.