I’ve just not seen anyone admit that they lost money on it. I know that some buy and hold gold for different reasons and nothing is ever 100% certain. I lost a boat load in 1989 in the stock market but have since recovered.
Correction - not 1989 -
Monday, October 19, 1987
On silver, I’ve lost...if counting it that way.
But I didn’t buy it to make money...I bought it to “keep” money...I view paper dollars as practically worthless anyway.
But you’re correct...I can’t recall anyone saying they’ve lost money.
Half of my gold portfolio of GLD was bought fairly high and some of it lower than it is now. But it only makes up about 15-20% of my savings. I guess I’m just using it for a headgear against hyperinflation