View full page at cryptocraft.com

 

Why buy gold when there is bitcoin & tesla

From goldswitzerland.com

Instant gratification is what drives the world and especially investment markets. I often hear complaints that gold is a useless investment since it doesn’t go up fast enough. We have invested heavily into gold for ourselves and our investors since 2002 when the price was $300. Since then gold is up just under 6X. Sure it has not been a straight line and there have been major corrections on the way. But Bitcoin and Tesla are much more exciting so why should an investor hold gold – an incredibly dull investment for the majority of people. If I tell investors that it is absolutely critical to hold gold for wealth ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis