[MidWestIA]

try jepi for dividend

[JRcorvette]

Gold is only a good investment if you can hold it a long time like 20 years. Most of us will not live another 20 years. Worst case scenario happens who are you going to trade gold with>? There are many other commodities that would be much easier to trade.

[BlueHeronFan]

The negative comments on gold is unformed. Do some research.
Then while inflation eats away your purchasing power you will soon discover that the lifespan of the US dollar is reaching it's end. Don't trust me. Go to the FED website and do some research.

[Captainpd]

Originally Posted by MrFlorida

Gold is only good if you can find somebody to buy it when you need it. Otherwise its just fishing weight.

If times are tough. You won't be able to buy my food with your gold.

[oneclickplus]

Originally Posted by Captainpd

If times are tough. You won't be able to buy my food with your gold.

If times get that tough, expect some people to offer you bullets for your food. Make sure you have some of that to trade as well.

[oneclickplus]

Originally Posted by MrFlorida

Gold is only good if you can find somebody to buy it when you need it. Otherwise its just fishing weight.

The SAME can be said for the US dollar. We are way past the point of no return with the US debt. There is no way to recover and the dollar WILL become worthless in the relatively near future. Gold will always have value.

That being said, if things get really bad, you won't be able to buy food with even gold. So ... gold, food, water, guns, ammo are the future essentials.

[Worldseries27]

Originally Posted by captainpd

if times are tough. You won't be able to buy my food with your gold.

ain't that the truth

[retiredguy123]

Originally Posted by Worldseries27

robert duvall is 92.

Robert Duvall was not in Space Cowboys. Space Cowboys starred Clint Eastwood, Tommy Lee Jones, Donald Sutherland, James Garner, William Devane, and James Cromwell. Excellent movie.

[Tom M]

Originally Posted by dewilson58

"inflationary hedge"????

But since inflation has jumped (December 2020 thru today), gold is DOWN double digits.

What? Where did you get your numbers? Looks to me that gold is up since Dec 2020 and up over 50% since Jan 2019.

[Velvet]

Originally Posted by Captainpd

If times are tough. You won't be able to buy my food with your gold.

That is where you are wrong. When times are tough - very tough - currency is worth nothing, bonds are worth nothing, the stock market, well you get the picture. People go back to bartering and gold.

[BrianNotFromNYC]

But it in any investment account. GLD but do know, it is a commodity. So profits are taxed like cash instead of like stock

[ron32162]

Gold may have a spot price of $1,000 while its futures price may be $1,300. That's how its bought and sold. Do you go into a car lot pay exactly what the dealer paid for it? No, the only thing different is gold goes up in the long term. Right now in May 2023 its the highest gold has ever been .

[charlieo1126@gmail.com]

Originally Posted by retiredguy123

My favorite is William Devane. I also liked him in Space Cowboys. Best movie ever.

I don’t know whether that’s sarcasm, but mine about Liddy certainly was lol

[retiredguy123]

Originally Posted by charlieo1126@gmail.com

I don’t know whether that’s sarcasm, but mine about Liddy certainly was lol

Not sarcasm. His gold ads are my favorite.

[rsmurano]

When times get tough? Are you talking about in 2000? How about 2007/2008? I didn’t have gold then and those 2 events were pretty bad.
If you look at gold for the last 10/11 years, gold is up 10% or a little more. If you bought meta/Tesla within the last 6 months, you are up 100% in meta and Tesla is up close to that.
I would not buy gold from anybody on those commercials, I would buy a fund of gold or silver.