Originally Posted by
unknownk
What the heck are you talking about? Nobody wanted gold before the economy took a dump, gold was barely over $300 for years. People who hoarded during the last peak of $800 HAVE NEVER MADE THEIR MONEY BACK. You sound like the people saying home prices will always go up, guess what they won't.
hoarding and investing are not the same.
you can make the same analogy about those who hoarded 35 gold as those who hoarded 800 gold.
for those who have invested in a good long term gold strategy, they have done quite well.
people who invested in 300 gold are the other side of your analysis.
what about those who buy their gold for less than market value. would you say that is a good investment?
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