Max Keiser and Stacy Herbert
Max Keiser and Stacy Herbert
Some days it can feel a little rough being a gold investor. In today’s article Dominic Frisby is certainly feeling that way. Sometimes it can be all too easy to get caught up in the day to day chat around prices. Some forget that the reasons why they invested are still strong, even if it feels like the price isn’t.
Frisby reminds us that ‘We know government finances do not pass basic safety standards. We know there’s too much debt. We know asset prices are overvalued.’ and we must keep reminding ourselves that this is unsustainable and cannot go on forever.
What will last forever is gold. This is one of the major reasons for investing in bullion; it is not just because of the price. Prices change according to the damage done by governments as well as other factors, but gold’s physical form, intrinsic value and role is here to stay.
Dominic Frisby via MoneyWeek
Remember the Noughties? What a decade that was for the gold bug.
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