Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa...
by pmiller2 on Tuesday March 17, 2020 @12:58PM
(#22607038)
Gold is fairly illiquid when you need cash in an emergency. There’s also some volatility to it. Those are two things you really don’t want in a store of value.
[ Parent
| on HN ]
Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa...
by growlist on Tuesday March 17, 2020 @01:30PM
(#22607483)
You'll likely still be able to sell gold for something in all but the very worst SHTF scenario. I'm not sure you can say the same about many other types of investment. Those ETFs won't buy many rabbits for the pot.