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| subject: | jewellery |
-> Gold is collectible in either case, because it is a rare commodity recognize
-> world-wide as a valuable currency. It will only become more valuable as
-> inflation and poor economies increase.
That was my reasoning when I bought some gold, maybe 20 years ago. For
many years, I hung on to it, and saw its value fluctuate, sometimes up,
sometimes down, but never very far. In the end, I sold it, and made a
profit, but nowhere near as much as I would have made if I'd just put
the money in a good interest-bearing bank account for that long.
Relative to the U.S. dollar, the price of gold has recently been
rising. But relative to the Canadian dollar, which is the money I
usually use, it has been falling. I'm not inclined to buy.
dow
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