The only problem I see with gold is that its price is highly manipulated, and this is widely known in the investment field, but well, since it is so manipulated, its price will remain stable and will grow little over time, but they dont let it have the price that you really should have for macroeconomic reasons and other interests.
Gold investments
- Thread starter junrose123
- Start date
Gold investment is a very good business and that is the general knowledge. Also, some people believe that you can never lose with Gold investment. It is a lie and that is why you need the right strategy
Gold is an incredibly valuable asset and I think that there are many rich people who have been holding gold for a lengthy time. Having said that, they are mostly gold dealers.
Gold has always been a good asset and the most quoted precious mineral in the world, in addition to being the asset with the most market capitalization of the entire financial market, therefore it is the safest and very little volatile, which makes it perfect to preserve wealth.
That is a good idea, the important thing is that everything you invest in gold has a long-term goal, at least 5 years ahead, so it is important to invest only what you can afford to have there for some time.
Well if you do not have large amounts of gold, I do not think you need to hire any type of security for it for example in a bank, on the other hand the best security sometimes is you, both your silence and caution, that is, do not tell anyone the investments you have in gold.
Gold is a very good form of investment and it is lucrative. This is why you need to have the experience. Apparently, getting involved in gold investment need a professional level experience.
I am not sure by what do you mean by "manipulated". I think you are trying to say that the price of gold is very volatile and I can say that this is indeed the case with gold. I do not think that the price of gold could be literally manipulated by anyone. Gold is a decentralised asset.