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/biz/ - Business & Finance

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File: 123 KB, 690x431, gold.jpg [View same] [iqdb] [saucenao] [google]
707254 No.707254 [Reply] [Original]

/biz/ approved video clips

https://www.youtube.com/watch?v=PHe0bXAIuk0

>> No.707255

Video might be approved. Gold bars, however, are not.

>> No.707364

>>707254
bump

>> No.707469

>>707255
There is literally nothing wrong with having 1-2% in gold bars aslong as you acknowledge it's a non productive asset that produces no cash flow in exchange for peace of mind.

>> No.707489

>>707469
>very volatile commodity
>p-peace of mind

No.

>> No.707520
File: 15 KB, 553x351, ne.jpg [View same] [iqdb] [saucenao] [google]
707520

>>707254
>spending drives the economy
>75 year debt cycle
>redistribute wealth from the haves to the have nots

>> No.707522

>>707489
That billionaire on the shark tank, O'Leary or whatever has up to 5% in gold.

A bit too much for my taste, but he says that physical metal is what he goes home to hug at night.
It's the only non-cash flow producing asset he owns.

Most likely it helps him sleep too.