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I am saying gold is better than commodities. I'm saying gold is not a "piss poor" investment, as it holds its buying power quite well. That is the function of a
by aneth4 14y ago
I am saying gold is better than commodities. I'm saying gold is not a "piss poor" investment, as it holds its buying power quite well. That is the function of a conservative investment.
- dragontamer 14y agoThe S&P 500 (which you can easily buy with Vanguard Mutual Funds or SPY ETFs) has approximately the same volatility index as Gold right now. http://finance.yahoo.com/q?s=^VIX http://finance.yahoo.com/q?s=^VIX http://finance.yahoo.com/q?s=^GVZ http://finance.yahoo.com/q?s=^GVZ VIX for the S&P 500 is 13.58, while Gold VIX is 13.13. Stocks are both holding their buying power as well as Gold, and still offering better returns right now. Gold's "stability" is a myth. It is no more stable than any other investment. Bonds offer a conservative, stable investment platform. Gold does not.
- Thrymr 14y agoGold is a commodity.