He believes gold to be a bad investment. I agree that the historical rates of return on gold have been around 2% to 4%. Not good on a long term basis.
I disagree with him about what to do in times of economic collapse, though. In those kind of times, gold can be a safe place to stash your cash until times get better. At least you know it won’t loose value.
Herodotus the “Father of History”.
-
During the 5th. century BC few people could read, so Herodotus made his
living by going from town to town telling stories. Either he took stories
from his ...
6 years ago
No comments:
Post a Comment