Originally Posted by
Aaron
Is gold an asset?? It doesn't provide an income stream. Traditionally it has been a store of value but like money if no one believes or has faith in gold it has little value.
I guess if it is accepted as a form of currency, it is not being brought out of the ground at a rate fast enough to keep up with the production of fiat currencies so logically gold gains value compared to the other currencies.
Ideally I will get a chance to invest in land or companies that provide a decent yield, but prices will have to drop first and that means fighting the fed (establishment/the man) so to speak which has been unsuccessful to date. Will keep looking for something to get rid of my cash on but nothing exciting at this stage.