It seems like it is highly disadvantaged when compared to other assets as: -It is aggressively taxed compared to other investments (28% v. 20%) -It has little intrinsic value unlike real estate or stock on companies -It is usually bought at a premium, and sold at a discount in terms of physical gold -Not spectacular constant returns So, why is it such a popular investment? $Gold (LIST2110.US)$$GoldMining Inc (GOLD.CA)$$ZHAOJIN MINING (01818.HK)$
$Barrick Gold (GOLD.US)$$GoldMining Inc (GOLD.CA)$ He explained that Williams believes that when small spectators get too bullish on gold, this often indicates that it’s about to peak. Conversely, when these small spectators become too bearish, it tends to indicate that the precious metal has reached or is approaching the bottom of a cycle. Exhibit A was the gold rallying past the US$2,000 mark in March just as small sp...
$Barrick Gold (GOLD.US)$$GoldMining Inc (GOLD.CA)$CNBC's Jim Cramer tells investors that gold is on the verge of a rally and that this is the perfect time for investors to get into gold. "The legendary Larry Williams explains charts that show the public is selling off gold in large quantities, and he sees this as the perfect entry point to buy gold," Commitment data shows that small speculators held the smallest long positions since May 2019, just before ...
iceguy : good