Quote:
Originally Posted by slapass
If the dollar falls then gold goes up. But this is true for almost everything so why buy gold that doesn't have a return?
|
It's one of very few assets that have almost zero counter-party risk if you hold it in a physical form. However, its not totally inverse to the dollar and it does give a return based on demand and supply fundamentals. It just doesn't pay any dividend but then nor do many stocks.