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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: KyrosL who wrote (42057)10/31/2008 5:54:26 PM
From: Haim R. Branisteanu  Read Replies (2) of 217901
 
Would agree that gold IS a commodity and it seems that the market treats it this way. It may be that gold is a frontrunner to the price of other non-perishable commodities – time will tell.

The concept that gold is the ultimate store of value is a myth as of today, as every other non-perishable commodity which we need for our economies is, or can be a store of value

The only advantage of gold is that a small amount is worth more money like let say copper or crude oil, and gold of some real value is easy to carry along
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