It’s been 21 years since the RBA sold the majority of Australia’s national gold reserves. The decision cost the nation AUD5 billion. Is it time to rebuild gold reserves with the opportunity cost now much lower?
Author Archive | Jordan Eliseo
There is about 19 times more silver than gold in the earth, but the gold price is 78 times higher, and silver has far more uses than as a store of wealth. Is it silver’s time to shine?
Only a tiny proportion of SMSF assets are invested in physical gold, but it’s worth considering in a world of uncertainty and volatility, especially when interest rates are low.