eagleseven
Quod Erat Demonstrandum
Why buy anything when it is at a high?
I'll go one step further. If you reason for purchasing gold is to hedge against devaluation of the dollar, why not purchase other commodities (oil, for example) or a currency which you expect to have less devaluation.
Many wise investors are doing just that. Having the majority of your assets tied up in just one commodity, or just one industry, or just one currency, is dangerous.
The US Dollar is no longer the guaranteed bet it once was.
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