Question: Why do people invest in gold?
Doesn’t it make more sense to invest in an actual company the produces a tangible good or service?
Maybe I’m missing something but gold is just a metal, why do investors value it so highly? And other precious metals for that matter.
To me it makes sense to invest in an oil company, or a coal company or a retail chain, or a car manufacturer etc.
you just visit www.worldstockx.com. there is an article written about your question. you easily understand why people invest in gold.
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