RE: Any Goldbloc advantages?5 May 2018 00:03
If you have gold you can spend it and your gold will change hands. What if you can hold your gold but hegdge against it without spending actual gold, American did this for years, but India is growing and has a gold culture, I read 8% of an Indiana salary is spent on gold, I buy wedding time only. The world is a changing we all accept that, I would have laughed when someone said my fax machine will be redundant in less hat 5 years. This makes sense to me the part I miss is who do Lion generate revenue, but I feel the same about Facebook, YouTube and the likes, anyone over 25 probably has their brain closed to the future of many things, we live in a country where finance and service is the main GDP year we question the ability to make money out of solid rising stable oldest currency on earth. Hold for GOLD. I also think the mine element is nice to have but isn’t the real play here whatsoever. I hold with realistic expectations, spikes and herds will come and go but if this rolls right it is a life change stock. Imo and gla.