Summary
Q: What are your thoughts about investing in gold right now? It seems everywhere I turn I keep hearing ads about the great gold rush coming. With our currency being devalued, and the global turmoil we are now facing, I'm wondering if it might be a good time to be buying gold. I bought some gold coins about 25 years ago and lost my shirt on them. Do you think it's different this time?
A: I'm not a huge fan of owning gold for this reason: It doesn't do anything for you. It doesn't pay you any interest. It doesn't produce anything for you. You cannot build on it or rent it out. It just sits there.See the full content of this document
Extract
Moneymatters Q&a On Personal Finance
For centuries gold and other precious metals were used as currency. People would bu...
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