GREY:NMKEF - Post by User
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Calgary_ABon Mar 12, 2020 1:14pm
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Post# 30799961
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Market Rebound
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Market Rebound Gold is a hedge against inflation...
during a market crash gold also crashes but not as much as the rest...
This recession and crash is deflationary so Gold doesn't work during deflation...
Inflation coming soon.
Takeactionnow wrote: Gold is NOT a hedge against market weakness. It was at one time, but that is many years ago. Bullion is down over US$57.00 today, and leveraged explorers and producers are being hit like other stocks. Only true cash (NOT bonds) is of any help while the fear works its way through markets.
Ciseaux wrote: Calgary_AB, I guess that if you want more money you need to take more risk by owning the gold miners, but the best risk/reward ratio is bullion. This is the advice of famous investor Ray Dalio.