can what you said be applied to gold too?

"While currency is losing its value, the real return is not as promising as it appears to be"

if not compared against currency, what value does gold have? can you eat it? live in it? Gold is plain useless.

所有跟帖： 

• That is why you need to understand the currency. -天下无马- ♂ (529 bytes) () 03/07/2011 postreply 15:24:48

• you can use currency to buy food, shelter, -longterminvestor- ♂ (868 bytes) () 03/07/2011 postreply 16:13:23

• mmm. :) -天下无马- ♂ (277 bytes) () 03/07/2011 postreply 16:21:02

• now, you are talking about real long term return -longterminvestor- ♂ (72 bytes) () 03/07/2011 postreply 16:27:30

• Not very long, 50 year since Brettonwood break. -天下无马- ♂ (1508 bytes) () 03/07/2011 postreply 16:40:23

• that is only index, if you consider compounded -longterminvestor- ♂ (322 bytes) () 03/07/2011 postreply 17:31:23

• :) Do you think a single company represents stock market? -天下无马- ♂ (546 bytes) () 03/07/2011 postreply 19:27:23