To bring you the bitcoin vending machines content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Summary: Gold has zero yield and is expensive to hold.
Summary: Gold as a security asset is the equivalent of a can of beans. Summary: Gold is a dud investment in AUD terms taking into account yield and cost to hold. Gold standard is equivalent of burning witches. A soya bean standard would be better.
Gold is like every other commodity. Summary: Gold has no fundamental basis as a store of wealth. Summary: Moving to a Gold standard will not solve any fundamental problems. Summary: Gold is in a bubble because it’s sold out of vending machines. So let’s take a look at these sound bites one by one. Gold has zero yield and is expensive to hold. Well from a personal investment perspective Koukoulas is correct, Gold doesn’t pay a yield if you buy and hold the physical metal.