Imagine a pure gold store on Fifth Avenue.
FORBES: Chinese Investors Prefer Gold To Stocks And Real Estate
Not only is gold costly to store, but it earns central banks only a tiny return, from making gold loans.
But others see potential for market participants to return to gold as a store of value, particularly if traders see more worrisome headlines about sovereign debt around the world.
FORBES: Analysts Mixed On Gold Next Week; Technical Factors Cited Both Ways
Flows into exchange-traded funds, which buy and store gold for their shareholders, rose from 105 tonnes in January to 208 tonnes in the first three weeks of February, according to Suki Cooper at Barclays Capital.
ECONOMIST: Burnished by bad news, gold looks like a good each-way bet
The App Store gold rush is over.
FORBES: Casey's Contraptions, Amazing Alex, And The Future Of Apple's App Store
Interestingly, neither the New York Fed nor the Banque de France charge Germany to store its gold.
FORBES: Germany Repatriating Gold From NY, Paris 'In Case Of A Currency Crisis'
The former method puts a burden on the investor to store physical gold, while the latter is a play on gold rather than direct access to the commodity.
Investors in gold might get a store of value (although that rather depends upon when you buy and sell) but investors in productive assets are gaining rents, incomes, dividends over the years.
Gold is viewed as a store of wealth and a hedge against inflation, as well as a traditional gift.
Long-term averages make gold look like a safe store of value.
Over the past two decades gold has been a lousy store of value, failing to keep pace with inflation, and it has massively underperformed equities and bonds.
"Gold seems inexpensive at the moment considering all the economic problems in other countries, " said Kanchana Panyaphoo, a noodle vendor who was inspecting gold prices at a jewelry store in Bangkok's crowded Chinatown one recent morning and says she bought some three years ago.
WSJ: In Thailand, Those Seeking A Golden Glow Rush to the Spa
Gold, on the other hand, is a sterile asset that historically costs money to store and insure, whereas, gold mining stocks are generating positive carry.
Universally recognized as a store of value, gold can be bought and sold in any country.
This year, fears of inflation have driven many Chinese investors to include gold in their portfolios as a store of value.
In its function as a medium of exchange, medium of payment and store of value, gold is thus, in a sense, a timeless classic.
FORBES: Signs Of The Gold Standard Are Emerging From Germany
Neighborhood Computer Store's Andrew Gold, who says he has sold Apple products for 25 years (Apple was incorporated in 1977), says his sales are off 80% since Apple opened its first store.
In an interesting aside, how many of you have heard some of the talking heads on TV mention that people who see gold as a safe-haven store of value are out of touch or strange?
FORBES: Comex Gold Weaker Amid Firmer U.S. Dollar Index, Weaker Crude Oil
But currencies tend to be zero-sum games over time, and gold, arguably, is a lousy store of wealth.
Gold is supposed to act as a store of value during inflationary times.
FORBES: Gold Inches Up As Goldbugs Seek Reasons For Historic Rout
Not only is the gold rush over, but the app store model is in danger of turning into something more feudal.
FORBES: Casey's Contraptions, Amazing Alex, And The Future Of Apple's App Store
Folks tend to think gold is many things: a stable store of value, a hedge against inflation, a safe haven in times of trouble, a better alternative to fiat money.
Gold is indeed attractive to people as a store of value when political or economic tragedy strikes.
At best, gold will become a currency given its stable store of value.
The new store's powder blue and gold walls and velvet-upholstered chairs are inspired, she explained, by Marie Antoinette's theater in the Petit Trianon at Versailles.
But if you're looking for something off the beaten path, a good local music store can be worth its weight in gold -- especially if your odd tastes match the management's odd tastes.
应用推荐