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A comment on Bitcoin exchange rate reached $100 USD per BTC. Parent comment

Re:Bitcoin exchange rate reached $100 USD per BTC by aneth4 on Monday April 01, 2013 @09:32PM (#5477169)
I am saying gold is better than commodities. I'm saying gold is not a "piss poor" investment, as it holds its buying power quite well. That is the function of a conservative investment.
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Re:Bitcoin exchange rate reached $100 USD per BTC by dragontamer on Tuesday April 02, 2013 @01:57AM (#5477901)
The S&P 500 (which you can easily buy with Vanguard Mutual Funds or SPY ETFs) has approximately the same volatility index as Gold right now.

http://finance.yahoo.com/q?s=^VIX http://finance.yahoo.com/q?s=^GVZ

VIX for the S&P 500 is 13.58, while Gold VIX is 13.13. Stocks are both holding their buying power as well as Gold, and still offering better returns right now.

Gold's "stability" is a myth. It is no more stable than any other investment. Bonds offer a conservative, stable investment platform. Gold does not.

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Re:Bitcoin exchange rate reached $100 USD per BTC by Thrymr on Tuesday April 02, 2013 @11:36AM (#5479920)
Gold is a commodity.
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