Comment on Is gold investing a scam?
TragicNotCute@lemmy.world 1 week ago
Look at the zoomed out 5 year chart for its price and you tell me.
$1,839 -> $4,217
Comment on Is gold investing a scam?
TragicNotCute@lemmy.world 1 week ago
Look at the zoomed out 5 year chart for its price and you tell me.
$1,839 -> $4,217
yakko@feddit.uk 1 week ago
Yes, but:
macrotrends.net/…/cpi-purchasing-power-of-the-dol…
Gold is just another asset, it belongs in any long term portfolio at least to a small degree, and if you take the possibility of market instability seriously, you might consider keeping some actual metal on hand. Though silver is somewhat more practical for that.