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Mar 31, 2020
10:05
:03
pm
Megamind
Contributor
Gold is more of a luxury good than a commodity. It has few industrial uses.
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Megamind
Previous username
anti_cynic
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Megamind
Joined
May 3, 2012
Last login
Apr 25, 2022
Total posts
1,693 (30 FO)
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Messages
Author
Time
Best hedge against inflation? Any of you guys own gold? Should I keep my nest
coug almighty
3/30/20 5:56pm
Cadbury Eggs
Food Snob
3/30/20 5:57pm
They are making my waistline inflate.
El Careeb
3/30/20 5:58pm
True?
TNT
3/30/20 6:34pm
Gold will pop up, especially as QE-printed money floods the market
ebv
3/30/20 5:59pm
Any platforms or services you suggest?
coug almighty
3/30/20 6:02pm
Buy Granite Trust (BAR); any brokerage will let you buy it.
ebv
3/30/20 6:04pm
High quality farm land.
BostonCougar
3/30/20 6:00pm
SCHO and BSV have performed well through this crisis for me
Heath Squashwell
3/30/20 6:01pm
Inflation usually means equities go higher. Cash would be the worst in that
cougarfann888
3/30/20 6:05pm
Yeah I get that with cash, also I see equities as a long term play.
coug almighty
3/30/20 6:10pm
Look at GOLD, Barrick Gold
RC Vikings
3/30/20 6:27pm
Gold has been a horrible long term investment
UpperCirqueUte
3/30/20 6:29pm
This is the answer ^^
memento
3/30/20 6:50pm
This is true. Look to equities for long term returns. Companies with low debt
ebv
3/30/20 7:28pm
Avoid Gold. Stay with cash right now.
rockyrd
3/30/20 6:32pm
Cash is the worst thing as a hedge against inflation.
cougarfann888
3/30/20 6:39pm
Hmm, we might see inflation down the road, but bond yields are historically low,
UpperCirqueUte
3/30/20 6:44pm
I agree with everything you said. But op obviously had a different opinion and
cougarfann888
3/30/20 6:57pm
Yeah I get your point
UpperCirqueUte
3/30/20 9:20pm
Agreed. Anything but cash. A huge mortgage is a great option. Invest the
Megamind
3/30/20 9:54pm
Gold declined with the rest of the market in 2008.
Incentivize
3/31/20 9:06am
Gold is more of a luxury good than a commodity. It has few industrial uses.
Megamind
3/31/20 10:05pm
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