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Jason Sing
30 Oct 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
I would not buy precious metals in the current market situation. Precious metals like gold and silver don't distribute dividends. Moreover, with a strong US dollar, it may not be a good time to buy gold and silver yet.
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As the saying goes, if you can't hold it you don't own it....
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Price of precious metals is inversely related to performance of stock market. Since the ongoing(?) bull market from 2009, prices of precious metals(gold) havent been doing so well. If the market turns bearish, prices of gold, etc will probably increase too. On the other hand, you can consider buying precious metals to diversify your portfolio (there are Gold ETFs too).