Holland, Indiana (SW IN) | John Burns - 12/27/2025 14:19
You are comparing cash with investment in productive assets..
Gold is cash. Unless you loan it out on interest it provides no income. If you put a twenty dollar bill in a drawer it earns no interest. It is cash. Again, you have to loan cash out for it to provide income.
Investment in productive assets on the other hand have potential to provide income. Reinvest that income and it grows. Like farmland is a productive asset.
Gold protects wealth. It doesn't produce it. Sometimes speculative bets may pay off, but gold produces nothing.
Most people don't understand that concept about gold. Central banks and some of the ultra wealthy do.
I consider farm land a productive asset ---still consider Land an investment
Gold and Silver as compared to a managed Mutual fund I see all three as cash --sell all on Monday
All three have produced additional money over 40 years if I sell them NOW don't know about tomorrow
Stick all three in a sock drawer don't have to think about it
Stick $20 into a sock drawer have $20 unless the house burns down
educate me to my wrong way of thinking don't guess I understand "I'm not ultra wealthy"
Dan
Edited by Dan Loehr 12/27/2025 15:15
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