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Gold miners. With physical gold you have to worry about storage, but gold miners solve this problem. The gold miners have run pretty hard already, but the devel
by danieltillett 7y ago
Gold miners. With physical gold you have to worry about storage, but gold miners solve this problem. The gold miners have run pretty hard already, but the developers (those building a new gold mine) have not yet moved that much.
- cududa 7y agoBoth having gold stored somewhere and gold mines assume in the event of the collapse of civilization they’d leave the assets as is.
- danieltillett 7y agoIf there is a collapse of civillzation the last thing anyone is going to be worried about is their investment returns. Gold as an asset class does well in periods of low real interest rates. All signs suggest we are going to be in a low real interest rate environment for sometime. One of the nice things about investing in gold miners over just gold is in trying to find the best ones. There is real alpha in this as not all gold mines and gold miners are equal.