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Investing in gold long-term is not wise

Discussion in 'Investing' started by basicsinvesting.com, Oct 1, 2019.

  1. basicsinvesting.com

    basicsinvesting.com New Member

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    food for thought if you bought gold back in 1981 you would still be down big on that investment.

     
  2. ChrisDouthit

    ChrisDouthit New Member

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    Gold has to be a smartly timed investment for sure.
     
  3. TomB16

    TomB16 Well-Known Member

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    Not wise short term, either.

    Gold doesn't do anything. It is not a productive asset.

    A company generates revenue and distributes it to the owners or expands the business. Gold is inanimate.

    Gold is a gamble. It is not an investment.
     
    Optionslayer likes this.
  4. EmmanuelGrand87

    EmmanuelGrand87 New Member

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    Hey, Yes I did think the same for a while, but after some technical analysis, I think it's worth it to try. In the end, it is the same for all the materials, but some people do invest a lot in it and earn a very good amount of money.
     

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