Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

17 Trillion Reasons to Own Gold and Silver Stocks Right Now

edited September 11 in Fund Discussions
https://www.fool.com/investing/2019/09/10/17-trillion-reasons-to-own-gold-and-silver-stocks.aspx

17 Trillion Reasons to Own Gold and Silver Stocks Right Now
Plunging global yields have created the perfect scenario for precious metals to thrive.
Sean Williams
(TMFUltraLong)
Sep 10, 2019 at 7:21AM

Historically, the stock market is the greatest creator of long-term wealth. Inclusive of dividend reinvestment, and when adjusted for inflation, it's returned an average of about 7% per year, working out to a historic doubling of wealth about once per decade. That means it's left all other asset classes eating its dust, including bank CDs, bonds, housing, and even popular safe-haven asset gold and its lustrous twin, silver.


Hi sir catch22.. Thinking adding little gld instead of raising more cash... Maybe much more risky but rewards seen good.. Several pundits predict gold bull can run for another 12- 24 months if indeed recession on the way
Sign In or Register to comment.