You are conflating insurance against fiat collapse (and preservation of purchasing power) with 'investment vehicles.'
This really isn't a thread so much about INVESTING in gold as it is about the virtue of gold as a store of wealth. Now, I'm not jumping into this argument, but I don't like it when people escape simple points being made in a thread.
It's NOT ABOUT INVESTING (generally) with gold, it's about protecting oneself from the vagaries of fiat monetary systems.
Read what happened to Confederate bills during the war?
And we see how it preserved purchasing power since 1980.
It's NOT ABOUT INVESTING (generally) with gold, it's about protecting oneself from the vagaries of fiat monetary systems.
Great, let me know when our fiat money collapses.