Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bull_dozer who wrote (201867)	10/6/2023 12:49:58 AM
From: bull_dozer	Read Replies (1) \| Respond to of 219536

*My 8-year-old son was given $35,000 in gold bars. Do we hold onto them — or sell and invest the money?* Gold is a raw material. It’s a hedge against inflation and it’s always good to diversify your portfolio. Gold, like silver and other commodities, may go up (or down) in value, but it does not yield dividends, it pays no interest and, unlike real estate, it will not provide a roof over your head or long-term income. It’s nice to look at, nice to hold, but if you want to build a viable nest egg, you’re better off avoiding gold. https://www.marketwatch.com/story/i-did-not-grow-up-with-wealth-my-8-year-old-son-was-given-35-000-in-gold-do-we-keep-it-or-sell-and-invest-the-money-8df601d4?mod=MW_article_top_stories

To: bull_dozer who wrote (201867)	10/9/2023 1:09:26 PM
From: bull_dozer	Read Replies (2) \| Respond to of 219536

Chinese Gold Versus World Market Surges Again After Holiday Week Gold in China jumped to trade at the second-highest premium on record against the international benchmark, as mainland markets reopened following the Golden Week holiday. The Shanghai spot price was more than $112 an ounce higher than levels seen in London on Monday, according to Bloomberg calculations based on exchange data. The gap between the two markets has only been wider one other time, when Chinese prices last month blew out to trade at a premium of more than $120 over London as Beijing restricted shipments in a move that squeezed the market. bloomberg.com