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re: Good article on gold?
Posted on 3/7/13 at 4:43 pm to whodatigahbait
Posted on 3/7/13 at 4:43 pm to whodatigahbait
Gold pros: It's pretty and it makes a hellava electrical conductor.
Cons: It has never paid a dividend or interest, the transaction costs are high, it's illiquid compared to most financial investments and over the past 30 years it has been a terrible inflation hedge.
Cons: It has never paid a dividend or interest, the transaction costs are high, it's illiquid compared to most financial investments and over the past 30 years it has been a terrible inflation hedge.
1
Posted on 3/7/13 at 4:52 pm to LSURussian
quote:
Gold pros: It's pretty and it makes a hellava electrical conductor.
Cons: It has never paid a dividend or interest, the transaction costs are high, it's illiquid compared to most financial investments and over the past 30 years it has been a terrible inflation hedge.
yes i'm aware of all of this.
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