Why Is Investing In Gold A Bad Idea?

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Comments

1. The rationale for gold ownership within a retirement plan is the same as it is outside the plan. This quote from a recent Vanity Fair article by Matthew Hart sums up why gold should be a part of every retirement portfolio: "An ounce of gold cost $271 in 2001. Ten years later it reached $1,896—an increase of almost 700 percent. On the way, it passed through some of the stormiest periods of recent history, when banks collapsed and currencies shivered. The gold price fed on these calamities. In a way, it came to stand for them: it was the re-discovered idol at a time when other gods were falling in a heap of subprime mortgages and credit default swaps and derivative products too complicated to even understand. Against these, gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature's hard asset." Put simply, gold is money - money that cannot be printed or debased. What better way to save for retirement than with the ultimate savings vehicle -- physical gold. For an in-depth look at gold's role in preserving assets under adverse economic circumstances, we recommend the study, Black Swans, Yellow Gold - How gold performs in periods of deflation, chronic disinflation, runaway stagflation and hyperinflation". The study draws from the historical record to show why many view gold the investment for all seasons. Read more: http://GoldAndSilverForLife.com/partner?p=romeoicq&w=webinar
2. one more thing, system salesmen Dave, for your own good tonight when you put your little head down upon your pillow to go to sleep like all of us do, ask yourself a question... why would a big giant country like China with its many experts far far smarter than you and I be stockpiling gold as fast and rapidly as they can for the last few years not to say many other powerful countries, also at an unprecedented rate in world history? ask yourself that tonight. there's only one answer because they know the big ones coming, the worldwide debt and derivatives collapse. it's so ironic that a couple of guys meet twice a day in London in a room and those two people solely decide what the world's gold fix is going to be for the next few hours. that ridiculous silly method of Gold pricing will probably come to an end someday soon. think about it. now go back to selling your systems dave. go back to sleep
3. Dave please read for your own good.You and I are about the same age and I need to tell you some truths please please please do yourself a favor and quit being a know-it-all and listen to a few legitament experts unlike yourself, bill Holter Charles neener are Jim Sinclair on YouTubes. when the economy crashes and it will, it'll be worldwide. the US is in actuality the best looking horse in the glue factory. I've seen your picture on billboards in Dallas but this is the first time I've ever listened to you and it will be thank God the last. you are stuck in the Rut of being a system salesman and only pedaling mainstream stocks and bonds. you couldn't spell cat if I spotted you the C & the T.
4. My grandpa made millions of dollars investing in gold. Why is it bad.
5. All the major asset classes are in a bubble right now. I personally hold a portion of my assets in precious metals. If you look at Venezuela it was essentially a melt down yet gold and silver still retained tremendous value and their world did not end. Keep in mind that the world isn't going to end in a financial collapse. Why everyone thinks we are going to a Mad Max type scenario is ludicrous. Gold and silver will always be money and it has been for centuries
6. I think to invest in gold .
7. Would you invest in gold ?
8. he's lying
9. Anyone who is selling religion mixed with economic advice is a true scoundrel....
10. Gold is a very bad investment , gold mining company's are a bad idea too because of sea water filters being able too harvest gold.
11. Buy gold it's universal currency. this guy does not know anything
12. the best companies to invest in gold check: https://twitter.com/tommoor86458550/status/829150424162766849
13. Isn't gold a base? Paper currency need gold to back up the value
14. America because your frakking so thanks so I sold all those and it ended up great profile for traders twitter.com/ChowserNaomi
15. don't take out all your money and buy a car all right Look here also twitter.com/TerranceGutier7
16. When everything becomes worthless so does gold?? lol. Hop on a plane and go to a country not collapsing and sell your gold for their currency.
17. jg2fc great video i came across this website with the same great info http://GoldAndSilverForLife.com/partner?p=romeoicq&w=webinarreplay
18. If Rothschild China and Russia etc are hoarding gold than its fine by me! stick with your soon to be hyperinflated currency and digital numbers on a screen...just look at whats happening in India.
19. Very informative thank you.
20. Gold puts would be good to buy I see Janet Yellen increasing interest rates, and David, I agree that Gold is not a good investment. Even India is not buying gold even with their demonetization of the 1000 and 500 rupee notes. They are now having to sell their gold to survive. A further downtrend should occur. Trump showing infrastructure spending shows bullishness in the S&P500. They are requiring not cash but credit to buy gold as they need to show their money is clean and taxed. Gold has not risen since demonetization, so we can see that gold will fall further. Since asset will shift away from precious metals to equities, gold will fall while S&P500 should rally.