Quote:
Originally Posted by AltonKelsey
Another favorite bash of mine, gold, touted here by some as a must buy, getting torched.
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Shiny rocks have some weird appeal to the reptilian brain.
God knows, I’ve debated the gold bugs here ad nauseum. When the world nears it’s end, apparently it will magically save whoever holds enough of it.
I’ve never gotten the attraction. Irragable farmland makes sense to me as a collapsed economy commodity I’d want to own. I wouldn’t trade that for a pile of magic beans which is apparently how most gold bugs see their hoard.
It’s been a terrible investment for any reasonably long horizon.