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sweetlyzone

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About sweetlyzone

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  1. Gold is good only in certain situation: 1. Inflation (current scenario) 2. Geo-political tension (war etc). Invest in gold has one distinct disadvantage: you don't earn any interest from it, instead you need to pay for the fee (security, storage etc) for it. That's why gold lose its shine in modern era, people rush for yield, protection become secondary, even lot of country central banks are reducing holding in gold. In order to really invest in gold, you must invest in gold bar which worldwide traded one but this is not accessible for general public. Nearest opportunities would be Gold Coin through banks or got any funds that are invest in gold related company or gold commodity.
  2. Gold is good only in certain situation: 1. Inflation (current scenario) 2. Geo-political tension (war etc). Invest in gold has one distinct disadvantage: you don't earn any interest from it, instead you need to pay for the fee (security, storage etc) for it. That's why gold lose its shine in modern era, people rush for yield, protection become secondary, even lot of country central banks are reducing holding in gold. In order to really invest in gold, you must invest in gold bar which worldwide traded one but this is not accessible for general public. Nearest opportunities would be Gold Coin through banks or got any funds that are invest in gold related company or gold commodity.
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