History shows bull market in gold after rate hikes: boon or bane?
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ZnWC
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joined discussion · Jan 29, 2023 22:01
Gold a good way to diversify portfolio
Is gold a good buy or bye? Which tickers are worth watching/ holding? The graphic below uses data from Macrotrends to highlight gold’s price movements during recessions and compares it to changes in the S&P 500. Invest in gold is a safe haven during time of uncertainty like war, pandemic or recession as it's not affected by interest rate and currency depreciation. However there's still volatility risk and authenticity risk when you're holding physical gold (Gold bullion, coin and jewelry). Today there are many more ways to invest in gold, just to name a few: Gold Futures Gold ETFs
But I beg the different when it comes to BTC$Bitcoin (BTC.CC)$which some claimed it's like Gold due to its scarcity. The main difference between Gold and cryptocurrency is the latter is not regulated and can be subjected to exchanger collapsed or 'bank run' or fraud. Do your own due diligent before you invest.
ZnWC
OPRAStoks_Tradesman
:
Rhodium is a rare metal but doesn't mean it is a good investment like Gold, Silver or Platinum. I don't invest in comodity like Rhodium.
The Great Humungus : Physical gold and silver is always a good investment
RAStoks_Tradesman : how can i invest in rhodium?
103949970 RAStoks_Tradesman : The investment itself is right, but we need to find a good direction
ZnWC OP RAStoks_Tradesman : Rhodium is a rare metal but doesn't mean it is a good investment like Gold, Silver or Platinum. I don't invest in comodity like Rhodium.