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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (115796)11/3/2023 2:01:48 PM
From: kidl  Read Replies (1) | Respond to of 116796
 
There is another approach to gold investing which doesn’t require fickle market timing skills.

An approach my father taught me and his father taught him.. Buy REAL gold and buy it in constant currency increments (adjusted for inflation) on a regular schedule - monthly, quarterly, whatever - regardless of price. Been doing it for 50 years and it has served me well. I look at it as an “insurance policy”

Adding the odd short term flyer adds a little spice but usually not very much in overall ROI.




To: Rarebird who wrote (115796)11/3/2023 2:34:27 PM
From: Rarebird  Respond to of 116796
 
CG.TO is headed to $15 in May 2024.



To: Rarebird who wrote (115796)11/3/2023 11:50:39 PM
From: Investor2  Read Replies (1) | Respond to of 116796
 
When you say Physical Gold, do you mean coins or bars, or something like IAU or GLD?

Thanks,

I2