What are your thoughts on gold investments?

I dealt with commodities like gold before..

But I have changed my investments into businesses because I just find it hard to be ahead and guess the demand of supply of commodities, unless you're in the industry.

For businesses, at least I can have some certainty. For example, for Microsoft, since they are a SaaS company, I can have higher predictability what are their next year's revenues and earnigns based on their past churn rates etc.

For gold, it is seen as a hedge, not an investment! Eric pointed out correctly!

I like to invest in equities because they represent ownership of companies which may grow in the future!

Couple of main ways to invest in gold. Either buy the physical gold (coins, bars, etc) or invest into the gold Etf. I have a very small holding in the latter for a number of years. Just letting it sit in the portfolio while waiting for a good time to offload it. No dividends received though.

Some success in selling a straddle option on gold futures. Will enter from time to time when the opportunity is right.

My opinion: Generally i dont invest in gold. Reasons,

Gold is fixed. The value of the gold is always determine by the supply and demand. And how much can gold rally to?

I focus on stocks. Reason is simple as the Returns can be unlimited. As long the company is executing well, the value of the company will always go higher.