John: “If you realize gold is generally not an investment why the hell do you keep comparing it to equities and saying stuff like “much better return than gold”?”
“I asked you to show me someone who advocated investing most or all directly in precious metals.” I couldn’t find the post I was looking for (from more than a month ago). Please forgive me. I was replying to all these people who implicitly mentioned gold as an investment. I wasn’t concerned with whether or not it was an investment, but simply that they should focus on equities instead.
two examples:
In response to the question of whether gold or silver were a good investment, Smiling Dave wrote: “they are good because they retain their value in times of inflation and low interest rates, because people want gold exactly then.”
sonofliberty75 (Seeking investment advice) starts a thread calling seeking investment advice: “I do currently own
some gold and silver, but I am wanting to get into some other investments as well”
What constructive differences in investment analysis or economics do you have which differs to what I have said? I don’t see any areas of disagreement, but perhaps you have something interesting to say. Why don’t you add something constructive to the debate?