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Platinoid
Member since May 2012
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has posted a comment on the article :

Why gold is better than cash

- Alasdair Macleod - FinanceandEconomics

The article is as salient today as back in 2010, and the conversation it generated is also
worth noting, as Gold has fallen about $400 since then, but the general principle holds true:
Metal is real money.
Will Gold fall to $1,000 as many predict, I don't know, wish I did,
I encourage metal investors to control their outlays through disciplined DCA,
so as not to get get shaken out if the 'Big Dip' materializes.

Commented 3937 days ago

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Beginning of the headline :The question most often asked of gold bulls is, “At what price will you take your profits?” It is a question that betrays a lack of understanding about why anyone should own gold. Nevertheless, the simple answer must be, “When paper money stops losing its value”. This response should alert anyone who asks this question to the idea that owning fiat cash is the speculative position, not ownership of precious metals... Read More

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