Yes, true. But if you want to hold a single assett class real estate and gold are pretty good ones for really LONG plays. Gold is a lot more portable and more difficult to tax.
"Gold is a lot more portable and more difficult to tax."
... which helps explain Roosevelt's antipathy, LOL.
Hmmm. Interesting, considering gold is always cheaper and cheaper to produce, and there is more and more of it. I think a dollar invested in gold in 1802 would be worth about $11 today.