How I Am Dealing With Gold Investment Moving Forward
Back in March 2024, I wrote in a post that I bought an 1 oz gold bullion bar from BullionStar, and got a free 1 oz Canadian Silver Maple Leaf bullion coin. I also decided to include gold in my investment portfolio for the long term, which meant that I will buy 1 oz of gold yearly starting from 2024. My intention for doing this is because with all the Quantitative Easing in both the east and the west, fiat may be losing their value in the long run and that makes gold investment more appealing than before (sorry, I am too timid for crypto). Today, I am revisiting this topic as a record for myself, because year to date, the price of gold has continuously hit new all time high, and I probably need to do some logical thinking on what is going to be my next move. To me, gold is more of a preservation tool rather than earnings tool, because I know that gold does not distribute any dividends, does not generate any earnings. Its value is simply derived from demand and supply, and also th