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RE: GOLD and SILVER turning Bearish? /// This is what Main Stream is saying. Do the opposite and Make out like a BANDIT.

in #gold7 years ago

Gold doesn't actually do anything. If you invest in stocks, bonds or cryptocurrency you are buying a share of something that actually does something. If interest rates rise pehaps cash savings in current accounts will rise too? What would do better in the long run - gold or reinvested dividends? Probably the dividends.

My 2c

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Here's the secret: diversification

Only a fanatic would tell you to have ALL of your savings in gold and silver. But it is the fool who would advise you to have none.

wealth preservation. That's it. Gold is insurance in case things go south in markets, currencies, etc.

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