Originally Posted by
mistymountain
Bollocks!
Speculation implies Hope for a Blow Off Price Spike Top in any Asset Class. Usually commodities. And Yes! This could happen to Au (like Uranium beginning to Do) with a rapid Price hike over 3 years to US$3000 +
But
Invest in Gold in:
The Miners (many have healthy Dividend Yields) on the ASX and US Markets. Plenty of Blue Chip stocks if you prefer safer options.
The Royalty Companies: low risk but income stream guaranteed. Many have growing Yields as their Royalties increase. Most are quarterly too. Tho Oil and Gas ones monthly. Can't beat cold hard cash to reinvest each month! Yup... Reinvest...
Cheers
DISC: Hold Physical Au, Hold and Buying: Royal Gold, Barrick, Van Eck ETF, Franco Nevada, Gold Royalty , Sandstorm, Perseus, Evolution, Northern Star, Newmont , and various Junior Small Caps.