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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Is more pain ahead for gold investors?

Posted on 15 October 2013

Since the precious metals bubble began almost 10 years ago, the prices of gold and silver have been driven more by fear, greed, and other emotions than by fundamentals or allegedly rational reasons.
Gold pays no dividend and provides no cash flows, actually costs money to own (storage fees and insurance premiums), and is used in relatively very little industry compared to other asset classes such as land, housing, equities, bonds, or even timber. You simply can’t value precious metals the same way you do other investments………………………………………..Full Article: Source


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VRS - who has written 36748 posts on Opalesque Commodities Briefing.


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