the case for buying gold

You buy gold to maintain the value of the surplus your labour created, and to guarantee return OF your capital, not return ON your capital.

For sovereign nations, you buy gold to counter the constant dilution of currency values, to improve the asset quality and value of your central bank balance sheet, to ring-fence your nation against the interconnected debt bloated western banking system, to add international credibility to your own currency, to participate in the design/negotiation for the next generation international monetary system, to prepare for the day the US dollar hyper-inflates.

The last thing you want to do buying gold, is to fix your eyes on the daily fluctuation of COMEX gold price.

And due to constant dilution of the currencies, the price of gold WILL keep going up year in year out, short term corrections notwithstanding.

Have a sense of trend, and do not get fixated with short term fluctuations, unless of course, if you are trading the market.

所有跟帖： 

• Gold will surely go to $10,000 per oz -beachlver- ♂ (365 bytes) () 03/19/2012 postreply 17:17:53

• My reply,,, -hercules007- ♂ (340 bytes) () 03/19/2012 postreply 17:41:05

• you should read my post again,,, -hercules007- ♂ (703 bytes) () 03/19/2012 postreply 18:00:21

• Self-claimed long-term visionary "Luxury Investor"? -beachlver- ♂ (429 bytes) () 03/19/2012 postreply 19:05:18

• Again, you are comparing the return,,, -hercules007- ♂ (481 bytes) () 03/19/2012 postreply 19:43:54

• my best gold stock SLR returned 1000% in 3 years -hercules007- ♂ (499 bytes) () 03/19/2012 postreply 20:06:34

• good writing. -jy101- ♂ (0 bytes) () 03/19/2012 postreply 19:13:53

• 半懂不懂的writing. 置頂，嘿。。 -瞎扯淡- ♀ (0 bytes) () 03/20/2012 postreply 08:45:42

• happy to hear any specific questions/rebukes from you. -hercules007- ♂ (149 bytes) () 03/20/2012 postreply 14:29:46

• are you sure ? -iamhereforfun2- ♀ (890 bytes) () 03/22/2012 postreply 12:59:22

• my replies, addressing your points,,, -hercules007- ♂ (1489 bytes) () 03/22/2012 postreply 15:21:21

• furthermore -iamhereforfun2- ♀ (1245 bytes) () 03/22/2012 postreply 13:12:34

• more replies -hercules007- ♂ (925 bytes) () 03/22/2012 postreply 15:43:04

• You still haven't explained this -iamhereforfun2- ♀ (837 bytes) () 03/22/2012 postreply 17:38:37

• ok here it is,,, -hercules007- ♂ (1456 bytes) () 03/22/2012 postreply 18:09:05