[Uncle Miltie]

You gold bugs have no economic sense.

What is the value today of a $100,000 investment in gold versus an investment in the S&P500 (dividends reinvested) made in 1986?

Grok:

“ Comparison and Considerations
• S&P 500 (dividends reinvested): ~$6,560,450
• Gold: ~$951,090
The S&P 500 significantly outperformed gold over this period, largely due to the compounding effect of reinvested dividends and the growth of the U.S. economy. Gold’s performance, while substantial, relies solely on price appreciation and has been more volatile, with periods of stagnation (e.g., 1980s–1990s) and surges (e.g., 2000s, 2020s). Gold’s role as a hedge during crises (e.g., 2008, 2020) is notable, but its long-term returns are lower than equities.”

So I have exactly SEVEN TIMES AS MUCH MONEY as you would have had over my relevant investing lifetime.

You do you. Pauper.

[Diana in Wisconsin]

FWIW, those of us that own physical PMs also have IRAs, 401Ks, Pensions, SS, cash, paid off homes and land and vehicles, no debt, etc.

I see absolutely nothing wrong with diversifying. I would never put it all in one basket. Never have.

[SamAdams76]

I have most of my money in S&P 500 index funds, which have done very well since 1986, as you pointed out. (I actually started in 1987.) 20% of my portfolio is in gold and silver however. Not ETFs but actual physical metals. This is a hedge against a market crash and inflation. Basically an ounce of gold 150 years ago has the same buying power today, even as they were furiously digging it out of the ground in California (and later the Yukon). As for silver, it has big upside potential due to industrial demand and scarcity.

File under not putting all your eggs in one basket.