Mid-Michigan | 69Cat - 4/26/2026 10:51
This is correct, and so posting what the s&p did over 40 years is irrelevant when discussed in proper context.
Sure, if a guy thinks the best plan he can come up with to preserve his last 30 years of labor is to put 100% of his wealth into the stock market then go ahead. But for those who think balance, diversity, and security is not a bad way to handle his life's work, then gold remains a very, very good option. Those who don't understand that are left with gambling in the casino.
You are absolutely correct. Bury that gold someplace safe and in a place that your children know. You have it. It's like cash. You have it. As far as investing? No. It's not very smart. Nice thing about life is you can do whatever you want. Do i wish I had 10 pounds of gold? He'll yes. Am I buying any? He'll no. I'll stick with my current portfolio. |
Buying Gold was this a good investment 45 years ago
