Hacker News new | past | comments | ask | show | jobs | submit login

Gold is what it is. It's a commodity. It's pretty much moved with the CPI except in the last few years. You can make money if you can correctly speculate short term trends, long term it tends to be an inflation hedge at best.



Exactly. It's something with objective value.

Unlike your average stock, which depends on many variables. You can do better or worse, but if you have no idea about these variables it's perfectly wise to stay away.


Value is always subjective. I don't care for gold. I'd rather have water.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: