Quote: (01-14-2016 05:32 AM)blck Wrote:
Quote: (01-14-2016 05:29 AM)ksbms Wrote:
"Gold is a tangible asset which cannot be printed at will. As such, it protects against inflation and currency devaluations. For example, in 1971, a family in the US could buy a house with US$25,000. Today, US$25,000 is not enough for a mortgage deposit. By contrast, 700 ounces of gold (the equivalent of US$25,000 in the 1970s) can buy a US$1 million property today."
Why invest in gold
Be careful tho
Human greed...
I reckon best bet is to buy gold directly from the mint. Any other suggestions where is it safe to buy gold?
____________________
My Adventures in Game updates on the go: twits by Max Detrick
Unbowed. Unbent. Unbroken.
I don’t ever give up. I mean, I’d have to be dead or completely incapacitated.
-- Elon Musk