Posted on Jun 13, 2016
Has anyone considered precious medals (e.g. gold, silver, etc.) as an investment?
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Gold is ok as a small percentage of a diverse portfolio. No more than 4%. My preference is to invest in the equity of mining and related services.
Physical gold is effectively dead money as no dividend income or yield is earned. If you use strictly as a hedge then trade the gold ETF.
Physical gold is effectively dead money as no dividend income or yield is earned. If you use strictly as a hedge then trade the gold ETF.
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MSgt John McGowan
LTC Sir I only recently started buying gold and I am not going to get much more. I have silver and buy for a little investment and some to pass to my grandchildren. I will admit I do have certain coins I buy just because I like them. The big question is will the price move. If you listen to all the experts gold is the only way to go.
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China is our second biggest problem. The first is our government. Your smart to shore up your situation with precious metals.
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MSgt John McGowan
TSGT Agree with statement about China. They are going back to a gold standard. If their money takes the place of the dollar I wonder what happens to the dollar. Thanks for the input
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