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Is it true that gold investment is not profitable?
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[QUOTE="Caramelle, post: 206415, member: 150"] [JUSTIFY]I believe that gold should at least be one of the investments in a diversified portfolio. Gold has an inherent value and is much revered through the centuries as a precious metal. Its value is more or less stable and is gradually increasing as time passes. Some people prefer investing in gold to stocks and cryptocurrencies because gold is something visible and indestructible while stocks and cryptos are volatile and speculative. I think one should have an investment portfolio with a healthy mix of financial instruments and precious metals along with real estate. Investment in gold is not limited to gold bullions or jewelry pieces. One can invest in gold by buying gold stocks issued by mining companies. While gold stocks values usually fluctuate in the same direction as gold prices, some mining companies may still perform well despite the slump in gold prices. While gold bullions are more valuable as an investment, more people buy gold jewelry pieces as investments and accessories at the same time. Jewelry items are portable and are easier to acquire. They are the most common form of gold investment accessible to ordinary people. Their prices do not necessarily reflect their true value because they need to go through a conversion or manufacturing process. [/JUSTIFY] [/QUOTE]
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Is it true that gold investment is not profitable?
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