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RE: Another Billionaire Warns of Catastrophic Depths Not Seen in 5,000 Years - and Emphasizes Gold

in #money8 years ago

People that don't have a lot of money would be better off investing in Bitcoin and alt coins at this point. Gold is very expensive to own. There is a very large markup to acquire gold, and even worse when you try to trade it for cash. The price of gold has to move significantly (15% or more) before it can show any sort of profit. I own a few ounces of gold coins and just hold simply because the price to sell is too expensive.... and it has gone up maybe $100/oz since my purchases.