CHAPTER 4
Gold, Silver, and Diamonds—Investment or Enjoyment? 쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆
“The golden rule: he who has the gold, rules.”
Do I Need to Read This Chapter? • Am I looking to introduce an entirely different type of asset into my portfolio? • Does my portfolio include foreign holdings that could be balanced by investment in precious metals and jewels? • Will gold really shield me in times of upheaval? • Do I understand the risks involved in buying and holding this type of investment? • What types of gold investments are available? • How about silver and diamonds as investment performers? old has been used as money since biblical times. It has several characteristics that have made it desirable as a medium of exchange. Gold is scarce. It is durable. More than 95 percent of all the gold ever mined during the past 5,000 years is still in circulation. And it is inherently valuable because of its beauty and its usefulness in industrial and decorative applications.
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