Posted 12/27/2025 14:19 (#11485955 - in reply to #11485944) Subject: Gold doesn't earn wealth
Pittsburg, Kansas
You are comparing cash with investment in productive assets..
Gold is cash. Unless you loan it out on interest it provides no income. If you put a twenty dollar bill in a drawer it earns no interest. It is cash. Again, you have to loan cash out for it to provide income.
Investment in productive assets on the other hand have potential to provide income. Reinvest that income and it grows. Like farmland is a productive asset.
Gold protects wealth. It doesn't produce it. Sometimes speculative bets may pay off, but gold produces nothing.
Most people don't understand that concept about gold. Central banks and some of the ultra wealthy do.