Comments on: Gold Investing for Retirement http://gotoretirement.com/2009/04/gold-investing-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=gold-investing-retirement A Baby Boomer's Journey from Retirement Planning to Retirement Living Mon, 21 May 2012 17:39:02 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: David http://gotoretirement.com/2009/04/gold-investing-retirement/comment-page-1/#comment-1687 David Sun, 04 Oct 2009 09:11:00 +0000 http://gotoretirement.com/?p=2519#comment-1687 It seems like you took one example where gold was not positively correlated with actual inflation and extrapolated that to mean that it is a bad inflation hedge and that "there is no cause-effect relationship," which simply isn't true. The money supply in the US is presently quite inflated, but we have yet to see rising prices due to this. In fact, we've seen in some places falling prices. My point is that you haven't given this financial crisis enough time to play out. Look at gold's return over longer time spans or in areas where there was an actual sustained rise in prices, instead of picking one out-of-the-ordinary example (a few months in a financial crisis) as representative of an ordinary situation. It seems like you took one example where gold was not positively correlated with actual inflation and extrapolated that to mean that it is a bad inflation hedge and that “there is no cause-effect relationship,” which simply isn’t true.

The money supply in the US is presently quite inflated, but we have yet to see rising prices due to this. In fact, we’ve seen in some places falling prices. My point is that you haven’t given this financial crisis enough time to play out. Look at gold’s return over longer time spans or in areas where there was an actual sustained rise in prices, instead of picking one out-of-the-ordinary example (a few months in a financial crisis) as representative of an ordinary situation.

]]> By: Jeffrey Brown http://gotoretirement.com/2009/04/gold-investing-retirement/comment-page-1/#comment-1655 Jeffrey Brown Sun, 27 Sep 2009 17:39:34 +0000 http://gotoretirement.com/?p=2519#comment-1655 You wrote: "You could buy gold coins or bullion from a gold dealer. That doesn’t make a lot of sense to me because of liquidity problems. You also have to make arrangements to store the gold."""" All that is not true. You do not have liquidity problems at all. The dealer I use has been around for 50 years and they buy back their client's gold. It's as simple as mailing it back to them with insurance and they write a check within 3 days. I use Goldline. Also, they ship the gold to me and then I store it in my bank's safe deposit box. Even if you don't want to store your gold, they will store it for you for less than 1% of it's value per year. No problem. I'm not going to argue with you about whether gold is a good investment but I will say that if you are so fundamentally wrong on those points, what else are you wrong about. Did you actually research what you're writing about and giving advice about? You wrote: “You could buy gold coins or bullion from a gold dealer. That doesn’t make a lot of sense to me because of liquidity problems. You also have to make arrangements to store the gold.”"”" All that is not true. You do not have liquidity problems at all. The dealer I use has been around for 50 years and they buy back their client’s gold. It’s as simple as mailing it back to them with insurance and they write a check within 3 days. I use Goldline. Also, they ship the gold to me and then I store it in my bank’s safe deposit box. Even if you don’t want to store your gold, they will store it for you for less than 1% of it’s value per year. No problem. I’m not going to argue with you about whether gold is a good investment but I will say that if you are so fundamentally wrong on those points, what else are you wrong about. Did you actually research what you’re writing about and giving advice about?

]]> By: mbhunter http://gotoretirement.com/2009/04/gold-investing-retirement/comment-page-1/#comment-920 mbhunter Mon, 20 Apr 2009 05:12:07 +0000 http://gotoretirement.com/?p=2519#comment-920 Having a few coins isn't a bad idea. How can you be sure you can get to your gold? Having a few coins isn’t a bad idea. How can you be sure you can get to your gold?

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