Picture of the Day: Gold Bars In High Demand In South Korea
Seen here are mini gold bars for sale at the Gold Exchange in downtown Seoul on April 17, 2017. Gold demand has sharply increased this month as it is deemed a “safe asset” amid widely circulated rumors on “an April Korean Peninsula crisis” accruing from North Korea’s military provocations. According to the exchange, about 400 bars are sold a day currently, compared to some 100 a day in previous months. (Yonhap)
“”Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”
-Warren Buffet
Poor decision, gold will melt in the high heat of a thermonuclear explosion…
Ed McMahon wouldn’t lie to us…
http://www.infomercial-hell.com/wp-content/uploads/2009/01/cash4gold_ed_mcmahon.jpg
When I shop for gold, I find the chain format is more comfortable than bar format when jamming it into my azzcrack without the cameras noticing.
Can we just take your word for that?
Ooo someone in here likes gold.
Here’s a tip. Buy stock in a mining company that pays a 5 percent dividend (yes, it exists) and mines for other metals as well as gold. Dollar cost average into it and buy shares at least six times a year (every other month or so). It will do a lot better than gold, longterm.
Please take a look at this chart:
http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart