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> Gold seems to continue to drop in price Huh? Gold (and commodity metals in general) has been the trade of the decade. > Gold does not have a lot more intri
by kingkongreveng_ 17y ago
> Gold seems to continue to drop in price
Huh? Gold (and commodity metals in general) has been the trade of the decade.
> Gold does not have a lot more intrinsic value than anything else.
You can go any time in history any where in the world and buy a decent suit with an ounce of gold. Gold has always preserved wealth in the long run. Not true of any other asset class. Everybody should be at least a few percent in gold. It's cheap catastrophe insurance.