jgaldon
10-31
Replying to @highhand:Agreed in many counts, but the first one. It's speculation when it's on the markets and we bet its price goes up and down, but it also has a very particular property....store of value when all others goes to hell. In a reset, which has happened repeatedly over millenia, gold won't make u rich//@highhand:maybe. why not? but gold is speculative asset. there's no intrinsic value nor does it grow in value organically like a company... that's not to say it will not increase in value, but it's definitely more volatile and not necessarily correlated to a weak USD every time.
Gold Hits $2800! Have You Jumped In?
Gold hits $2800 yesterday. The precious metal has risen 34% YTD. ----------------- Will the price of gold reach $3,000 this year? Have you jumped in the asset? Are you bullish on gold as USD will decrease?
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