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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (87019)2/10/2012 1:54:14 AM
From: Haim R. Branisteanu  Respond to of 219195
 
RJA you are evaluating the investments as a trader/short term investor, I propose those as long term investments for rainy days or to be passed to the next generation, and does not take into account disaster or fire that could happen also to the places you hold your stash of precious metals.

True land was bid up but so where all other hard assets gold included, except housing. There are other benefits that are difficult to place a value on – the enjoyment of harvest or the fresh air picnicking in your small plot of land or forest with family (at least this for me is valuable). You cannot do it with gold.

In any case I would not like to go into too much details or defense of my proposals, but I would only like to make a remark related to gold. Any one that bought gold shortly after the 1987 crash needed to wait over 17 years to break even with storage expenses and no other benefits over this time span.

True no investment goes up or down in a straight line but to concentrate only in one trendy asset class is highly risky.