Originally Posted by sonatine
Problem is I feel like gold doubles once every 10-15 years, and it happens over 6 months and it just sticks.
It went from 500 to 1K around Y2k
Went from 1k to 2K in 2008
Now its gone from 2k to 2.6K, and probably higher to 3-4K in tbe next few months….. where it will sit for another decade.
Its a terrible investment. But its a lot better idea to own gold than paper cash.
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