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Chinese set to back the Yuan with gold... new world reserve currency?
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<p>[QUOTE="Juan Blanco, post: 1622779, member: 41665"]That's hopelessly fanboy, sorry. Hedging (anything) doesn't "hurt" investments <i>per se: </i>it's just a market-neutral strategy. Investments are inanimate, anyway.</p><p><b>Being hedged means not having to rush for the exits. </b>My clients found it 'good on Paper' too. </p><p><br /></p><p>There are other ways (perhaps more profitable and complex, for the vast majority of stackers here) to hedge a large stash. It might be worth someone's time/money to read up on the benefits, thinking more broadly, for a start: <a href="http://seekingalpha.com/article/584081-hedging-against-gold-losing-its-haven-status" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://seekingalpha.com/article/584081-hedging-against-gold-losing-its-haven-status" rel="nofollow">http://seekingalpha.com/article/584081-hedging-against-gold-losing-its-haven-status</a></p><p><br /></p><p>Back on topic, have we discussed the Customs Gold Units yet? I bet many here were alive when those circulated ("in our lifetime"). Bullion was superior I'd wager lol <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p>[ATTACH]230720.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1622779, member: 41665"]That's hopelessly fanboy, sorry. Hedging (anything) doesn't "hurt" investments [I]per se: [/I]it's just a market-neutral strategy. Investments are inanimate, anyway. [B]Being hedged means not having to rush for the exits. [/B]My clients found it 'good on Paper' too. There are other ways (perhaps more profitable and complex, for the vast majority of stackers here) to hedge a large stash. It might be worth someone's time/money to read up on the benefits, thinking more broadly, for a start: [URL]http://seekingalpha.com/article/584081-hedging-against-gold-losing-its-haven-status[/URL] Back on topic, have we discussed the Customs Gold Units yet? I bet many here were alive when those circulated ("in our lifetime"). Bullion was superior I'd wager lol ;) [ATTACH]230720.vB[/ATTACH][/QUOTE]
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Chinese set to back the Yuan with gold... new world reserve currency?
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