CHAPTER 20 QUIZ 51 TO 55
51. Which of the following allow the individual to invest in gold without actually owning gold?
A. Gold stock
B. Gold futures
C. Options on gold futures
D. All of the above
52. Which of the following statements is NOT true?
A. Like gold, silver is a good hedge against inflation
B. Silver has extensive industrial and commercial uses
C. The supply of silver immediately increases with the price of silver
D. All of the above are true
53. Disadvantages of owning diamonds include all of the following EXCEPT
A. They are very expensive to store and insure
B. There are usually high dealer mark ups
C. They are lightweight and easily transported
D. There is a lack of liquidity
54. The best time to buy collectibles such as art, antiques, musical instruments, etc. is when
A. The stock market is down
B. No one else seems very interested
C. A period of high inflation begins to level off
D. None of the above
55. Advantages of real assets over other types of investments include
A. They provide a good hedge against inflation
B. They tend to be negatively correlated with other types of investments
C. They provide personal pleasure to the investor
D. More than one of the above
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