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The Secret World of Gold

submitted by shagen454

1 decade 1 year 10 months 3 weeks ago

3 Comments

Western central banks bad, mattress good, m'kay??

....anyone else think the narrators' hot??

Moving this video to shagen454's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

Gold is not an investment. Its a hedge against inflation. Fortunately, "investors" recently dumped gold and it went down $200 /oz, making it possible for the stronger players to start buying at a low price which has been happening, making gold go up again. Anything that discourages the weaker players, "investors," from buying and encourages them to sell helps the others to buy low. But using "investment" more colloquially, yes I guess you could call gold an investment, just like money in a retirement account and such, and even sometimes, as in the $200 drop and following climb it can function as an investment, if you plan to sell.

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