Since the Canadian dollar is straight up free falling, is it a good idea to buy gold? I feel like holding on to my toilet paper currency right now is not very wise.
your fiat currency wont be worth shit once the fed does QE4 here
the problem with buying gold is that when you purchase it, it costs more than it's really worth, and when you sell it, they only buy it at a price lower than what it's worth. They fuck you coming and going, and that bites into 20% of your profits.
Gold is low now but there is speculation that it'll go as low as $800 by next year. But that's just speculation.