https://www.youtube.com/watch?v=SrEu7JPChTA&t=2s
Gold vs the S&P500
Printable View
https://www.youtube.com/watch?v=SrEu7JPChTA&t=2s
Gold vs the S&P500
Hey there Crypto Crude
Have jumped on this thread in read your post.
Agree 100%.
Coincidentally bought my first Physical Gold and Silver before Christmas. Have contacted my local MP and Reserve Bank through 2022 about why NZ sold all our sovereign gold by 1992 ish.
Our nation's Balance Sheet has no Physical Metals as a hedge. Yet the BRICS et al buying big time.
Agree on a Financial Reset.
Throw in Governement and big tech support of Digital Identity : https://digitalidentity.nz/
Expect a world engineered to operate on CBDC and controlled by AI to keep society in line and behaving.
Expect Precious Metals to counterbalance Currency devaluations and the Endgame (Reset) designed by the unelected Global Elite, British Kings and those that support "It"...
https://www.weforum.org/people/jacinda-ardern
https://www.weforum.org/people/chrystia-freeland
It's a pity
https://tradingeconomics.com/commodity/gold
doesn't go back to 4000BC when Gold first used as currency....
Like any Commodity there are Lows amongst the Highs.
Historic Uptrend is one Guarantee. Purchasing Power Maintained.
Pour a Coffee and Enjoy the Analysis.
https://www.youtube.com/watch?v=D2-a6VQQ_gg
Hello everyone,
What do you all see as the main argument for investing in gold for the long term?
From my understanding, one of the main arguments is gold acts as an inflation hedge. But shouldn't stocks do the same?
As inflation occurs, stock prices should also naturally rise as well as gold.
Therefore it seems like the better option is to invest in stocks, as they are productive assets.
Thanks,
ValueNZ
Yes shares are a better option for the longer run. In the short term, stocks do badly with inflation but in the longer term do much better than gold.
By stocks I always mean a diversified basket of shares through indexes and ETFs. If I break down the ETFs I own, I see BHP is my number 1 holding and number 2 is Apple. Exxon is 3. "Value" has outperformed "growth" over the last 130 years despite growths relative over performance in the last 20 years.
Everyone should read "Stocks for the Long Run" by J Siegel. It's all there, everything everybody needs to know about shares, gold real estate, Bitcoin, charts. Honestly its a great read.
Edit: one point I need to make however. Use a retirement calculator and put in shares, and bonds OR shares bonds and a little bit of gold. The worst years to retire were the late 1960s (1966 in particular was the worst year to retire over the last 130 and possibly 200 years). Without gold, using the 4 per cent rule, ones money barely lasted through the huge inflationary highs. Gold was a huge benefit during this period. I just add this for some balance. Is it worth having gold as some sort of insurance during particularly bad times? It's a drag on returns for sure so it is expensive insurance but maybe every so often, a little bit goes a long way, and it works.
While I don't own it directly, I see my ASB moderate fund allocates 3 per cent to gold. Why not!
Thanks man... this digital age will be the worst thing to ever happen to us... its to ensue a slave class... the digital currency is programmable so they can manage what you buy and even have expiry dates on the money... even worse it will be linked to forced vaccination and no bodily autonomy on what goes into your body...
The world economic forum is meeting right now with delegates from around the globe... one of the man ideas of this outfit is... you will own nothing and be happy...
A future where even the clothes you wear will be rented...
Most people are fast asleep...
I will be well prepared for the time to go off grid... once digital currency rolls out and cash is banned its next to impossible to bring it back...
Very very scary times are ahead...
Unless you love shooting up unknown substances... I for one see a lot of injured and dead... its a no way for me even if I had to go homeless
Yup. def agree. And happening fast in little ole NZ.
1. On Friday went to the Rugby Cricket Festival match in Christchurch; couldn't buy food with cash. Vendors wouldn't take it.
2. Then read this https://www.stuff.co.nz/opinion/1309...m--or-the-bank
over the weekend.
Meanwhile our RBNZ busy working on Policy for Future of Cash
https://www.rbnz.govt.nz/money-and-cash/future-of-money
NOTE: Submissions close in Aoril.
Yet , How many New Zealand Citizens know about this submission process?? I honestly reckon if 100 were asked about CBDC etc etc 100 would struggle to articulate what they are and how sinister they could be once AI , facial recognition and Government strengthens Public Private Partnerships with Social Security scores dictating people's access to their (or the states) Financial tools.
Cash is King. Let's hope we can Keep It
I am an unsuccessful investor so take what I have to say with a grain of salt.
With a non-de-plume like ValueNZ you should have already read Warren Buffetts view. A lump of shiny metal that provides no yield.
Personally I see it as a currency speculation. One of these days after the next announcement of more money printing people will lose faith in fiat currencies (and fiat currencies only have value if we all believe) and gold will stand out as the only currency that has stood the test of time and cannot be easily increased. I had read somewhere that gold production roughly matched the growing world population but don't know if that is true.
Unfortunately, golds value without a yield and not much industrial use at current prices (not including jewellery) is also a faith based investment. While central banks continue to print money as well as maintain gold holdings as part of their currency reserves it gives me hope that it may work as a speculation but most likely it will do what it always has done which is to maintain its value in terms of other commodities and useful things. A plan B, maybe if we lose faith in fiat currencies due to excesses by central bankers. It might be that era of excess is over as central bankers come across as more responsible these days and inflation deals with the debt build up.