>> A Store of Value in Turbulent Times
No! No! NO! Can’t you see??!? Gold isn’t a “store of value”, it’s an INVESTMENT. You buy gold, gold keeps going up, that’s the definition of an investment! Something that keeps going up up up! Finally, there’s no need to agonize over that messy stock-picking, we have GOLD and SILVER, safe and effective INVESTMENTS!!!
You could buy a coke for a nickel back in the 1950s. Now it’s at least a buck. Should people have bought Cokes and stored them?
Yep. I bought a couple of 1/2 oz coins in 2000. I think the gold price was 400-500/oz. I sold them when gold hit $3K/oz.
Made some good money on it. I don’t have any more gold but I expect the prices to come down and when it gets down to a comfortable level, I will stockpile more and pass it down to my kids.