“Don’t buy gold and silver unless you understand it. “
Yeah, gold as a component of a diversified portfolio is a good idea. It has done well over the last 20 years as has the S&P 500 and other market indices.
The key is diversification and leaving investments alone for decades to grow and absorb the ups and downs.
It appears our country is happy with a target of depreciating the dollar by 2% per year. That is our goal. That is the BEST case scenario. AMAZING…..Never mind that we will routinely exceed that level, sometimes by a lot.
Old school here, I know—but I prefer zero inflation and a stable dollar. I think a guarantee of 2% depreciation a year, guarantees a higher level. I guess I am totally out of touch with modern monetary theory.