Talk:Gold as an investment/Archive 2

message: OK, I archived the old talk section because it was very large. I've read the artcle and it seems quite resonable. I am taking the Neutrality dispute tag off of it unless someone really feels that this article is biased somehow.
:When you archive it's a good idea to copy any live discussions to the new page.gb 15:29, 11 February 2007 (UTC)
replies: text: I think there are some serious unsourced-statement problems in this article. Although I've never read it in its previous incarnations and don't know how it's been improved, in particular some of the comments about "gold bugs" seem non-NPOV. In particular, comments claiming that certain "gold bugs" "hope for" another Depression or Armageddon ought to have a source, since it effectively slanders a group without a source. --Kadin2048 01:28, 8 March 2007 (UTC)
thread_title: NPOV Discussion

message: Article states that gold bugs 'hope for another Great Depression'. This implies that there are sources stating that gold value was greater during TGD. This makes no sense since TGD was caused by deflationary pressure and iliquidity where assets including gold would be loosing value in currency terms. Can anyone shed some light on this? If not, this needs to be removed from the article. gb 21:38, 9 February 2007 (UTC)
replies: text: The Causes of the Great Depression are hotly disputed. Some economists argue that inflation of the US money supply by the Federal Reserve played a role in causing and lengthening the Great Depression. For those who are inclined towards this theory (and others), gold is a hedge against inflation because central banks engaged in inflation can't "print gold." DickClarkMises 01:19, 10 February 2007 (UTC)
replies: text: Gold and other material assets can be a hedge against inflation. However, that's not my point. If there are no references on gold being used as store of value during TGD, this statement is false and should be removed from the article or reworded to avoid reference to TGD.gb 22:57, 10 February 2007 (UTC)
replies: text: Gold served as an excellent store of value during TGD, although if you were an American, you would have had to violate the law to keep it in your possession. But, if you would have done that (or if you were a foreigner) then you would have not had to worry about bank failures, and you would have seen the value of your gold appreciate when FDR switched the gold standard from $20 an ounce to $35. If you are curious as to how gold might perform in future deflationary depressions, that is a question that is subject to debate. Here is an article which discusses gold's historical performance relative to inflation/deflation.  Now, if it will make everyone happy, you can just change TGD to Hyperinflationary Collapse of 1920s Germany and be done with it. At the end of the day, who really cares the exact name you chose to use to describe the economy going to crap?Prestonp 17:23, 11 February 2007 (UTC)
thread_title:  Gold and the Great Depression

message: The sentence "Central banks retain large gold reserves" is unverifiable.  They are of course not given to making pronouncements on this topic and considerable gold holdings may in fact be leased out rather than actually "owned" by the central banks in question.  See http://goldmoney.com/en/commentary/2007-01-29.html or http://www.gata.org/  Both of these cast doubt on this sentence!  Therefore, I have gingerly amended it a little...Chris. Fulker 15:13, 14 February 2007 (UTC)
replies: text: You may otherwise be right but that which is loaned is still one's property.  Paul Beardsell 06:42, 22 March 2007 (UTC)
thread_title:  History 

message: In an article on "gold as an investment" it seems a good idea to have a section on the advantages and disadvantages of investing in various forms of gold, one compared against the other. For instance, jewellery vs physical bullion vs gold mining shares.  And unallocated gold bullion vs allocated. Paul Beardsell 07:33, 23 March 2007 (UTC)
thread_title:  Comparing different forms of investment in gold 

message: How can the Dow/Gold graph go back to 1800 when the DJIA was was created in 1896? -- Scott eiπ 08:28, 31 March 2007 (UTC)
thread_title: Dow/Gold Ratio