With or without gold no difference to me. Cash in hand is still the best. Of course, with a lot spare cash, I will buy some gold to keep.... But Cash is always the King. Don't talk about inflation.... when you need cash, having gold doesn't mean someone can fight the inflation, especially when in need of cash for unforeseen circumstances that need a big sum of cash. Having gold may suffer losses at the point of dip...
In a Moving Market, What Does “Holding Gold” Mean to You?
Gold itself has been anything but stable in the short term.
How are you positioning gold?
Are you adding exposure on dips, or waiting for clearer confirmation?
Do you see gold as protection, or just another trade?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments