hello tommaso, i buy, hold, and sell paper gold, so that i can buy and hold, buy more and hold longer, the physical gold.
i figure, if gold is good enough for fort knox, then it is ok for me as well :0)
so, specifically, with gold at 1.5k, i would trade paper gold and mineralize the temporary profit into forever physical form, so as to enable greater freedom in buying back the paper gold, at hopefully 1.35k, but perhaps 1.8k.
i do the same with my cos.un, accumulate, by and by, and then accumulate more
gold is different from cos.un in that it is beholden to no particular national authority, and has no material management risk ... it is the singularity of all all monies in the context of unified field theory of wealth :0)
here is a simple MBA distance learning finance course, from which all other truths can be derived:
(a) gold is good
(b) more is better than less
(c) now is better than later
(d) in our pocket is better than in their bag
chugs, j |
