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3rd straight annual loss for Au
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<p>[QUOTE="chascat, post: 2309434, member: 76792"]I agree with your philosophy very much. U S dollars are a fine commodity both now and in the near future. If you examine a few simple retail items such as fuel, food, and durable goods, compare their prices with those of the past, while taking inflation into consideration, the economy starts to make a little sense. Rapidly rising and lowering bullion prices are not only impossible to predict, but difficult to hit the perfect time to buy and sell. Now who does well with bullion? You pay a premium to both buy and sell. The bullion dealer always makes money on your investment! You stand to make more money picking up alum. cans than in bullion. Beware of mood swings and spikes in the market as they are short term moves and as in mutual funds, the long term always and without exception is the healthy way to invest your hard earned money. I find that investing in high quality coins at a good price is not only a great investment for the future, but also an extremely fun-filled hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="chascat, post: 2309434, member: 76792"]I agree with your philosophy very much. U S dollars are a fine commodity both now and in the near future. If you examine a few simple retail items such as fuel, food, and durable goods, compare their prices with those of the past, while taking inflation into consideration, the economy starts to make a little sense. Rapidly rising and lowering bullion prices are not only impossible to predict, but difficult to hit the perfect time to buy and sell. Now who does well with bullion? You pay a premium to both buy and sell. The bullion dealer always makes money on your investment! You stand to make more money picking up alum. cans than in bullion. Beware of mood swings and spikes in the market as they are short term moves and as in mutual funds, the long term always and without exception is the healthy way to invest your hard earned money. I find that investing in high quality coins at a good price is not only a great investment for the future, but also an extremely fun-filled hobby.[/QUOTE]
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