1Sem.
Perhaps a somewhat stupid question, but is it still worth investing in gold, certainly in the long term, but now that Trump has become president, does it make sense to invest?
••
1Sem.
@samer777 What does Trump have to do with gold?
••
1Sem.
@samer777 Gold is there to secure your wealth in the long term.
What else do you want to do with gold?
What else do you want to do with gold?
••
@Roman_moed It strengthens the US economy, causing the US dollar to appreciate. Gold sometimes moves against the dollar, crisis dollar falls gold rises and vice versa. It already has a point Gold is depreciating slightly at the moment. However, there is a global shortage that will continue for the next 5-7 years. Many emerging markets are buying gold as a safe haven, as are private investors. In the long term, gold can only rise; the question is whether equities will not rise much more and people will leave money lying around.
••
1Sem.
@Maximilian01 probably stocks will outperform gold for sure, but there is no tax on gains from precious metals which is a big point imo .
•
11
•@samer777 Also a good argument
•
11
•