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gold is not a good investment because it is a non productive assets. For example when you buy a stock you own part of a business and if you have selected a good business then it provides value and the company earns a profi, but gold,silver,paintings, etc. don’t produce anything of actual value that isn’t dependent kn just the price people will pay for it. If your looking to invest the price going down is good for you because you can buy more at a cheaper price.
What else can I help you with?
Is Paul Revere Insurance Group TSA a good investment?
Paul Revere Insurance Group TSA is listed as a stable investment but is not a high return investment. If you are considering long-term stability, then this might be a good investment for you.
What is current gold rate?
The current price of gold is $1592.60 per troy ounce. You can find daily up to date prices of gold and other precious metals at Free Bullion Investment Guide or Kitco or 24h Gold
What was the outcome of the klondike gold rush fir a majority of gold seekers?
it was a good moment n time
Who leaded the settlers of Jamestown?
Jamestown was an investment of London company to find gold and finding a river route to the Pacific for trade. There was a governing council. Edward Maria Wingfield was the first president.
Why do you wear gold in Chinese New Year?
Chinese people usually tend to wear red instead. Red means good luck. A reason Chinese people may wear gold is that gold is valuable. So they wear it to represent good fortune in the upcoming year.
How do you know if gold stock is a good idea?
Gold stock is typically a good long term investment but not a good short term investment. Price fluctations can vary to much for short term investments.
Are 22kt stamps a good investment?
No, that are not a good investment. The amount of gold is very small, a very thin layer on plastic or aluminum.
What is planned investment?
spending be firm in acquiring the capital goods and inventories Capital and Gold is good investment planning. Gold investments are sure to yield the best profits to us.
Would getting a gold medal popcorn machine be a good investment?
Gold medal popcorn machines are available through the Gold Medal company. They are a great investment for companies and people selling popcorn at events.
Do people who buy gold coins make a good investment?
Indeed, investing in gold coins can be a prudent choice for financial security. Reputable dealers like Apmex, JM Bullion, SD Bullion, and BOLD Precious Metals offer a reliable source for high-quality gold coins, ensuring a sound investment.
How can you describe a good investment in a single word?
Property, Gold. That's two, but they are single words, and they are proven good investments.
Why is it bad to buy pure gold?
Pure gold is not good for jewelry as it is too soft. As an investment pure gold is about the only way to go. So it would depend on why you are buying gold. If as an investment , pure gold in bar form is the best. If for jewelry pure gold is so soft it is difficult to take care of. It bends too easily
Are brass bracelets a good investment in metals like gold ones are?
Yes it is because metals are not that expensive.
Is gold a good investment in these turbulent times?
no gold is dependent on only the price people will pay for it. It has no intrinsic value and is a non productive asset.
Is gold a commodity?
Yes. Gold is a commodity and investment
Would it be a good you idea to invest in gold?
Yes gold would be a good investment. Due to the current economic situation the U.S. dollar is weak and getting weaker. However as the dollar depreciates the price of gold goes up.
Why is buying gold bars usually considered a good investment?
Gold is considered as a universal currency in the world. Although it is no longer a primary form of currency in the most countries, gold bars remain a popular and good investment for the following reasons. Firstly, gold can be easily converted into cash anywhere. Also, gold tends to maintain its value over time and also rises in value when inflation takes hold.
