Forget Your Spreadsheets

[Jolly]

https://goldswitzerland.com/can-too-big-for-fed-ecb/?mc_cid=0f2abfd896&mc_eid=bca42eb64f

[taiwan_girl]

Article makes me think, but in the end, I disagree with a lot of it.

Here is the gold price adjusted for inflation

I don't think that there is anything wrong with having some (small) amount in gold or silver. Asians have been doing that for hundreds of years by buying gold jewelry.

But, these types of articles are written every year and yet the world continues to move along - not perfectly but not as bad as the arther would have you believe. LOL

[Loki]

It’s a narrative around buying gold. The interesting article (as you inferred) would be the evolution of how gold has been marketed and sold over the decades.

[xenon]

I’d be curious who is buying gold. I wouldn’t be surprised if it’s shifted more to India and China and older demographics.

Just a theory.

My mom has it wired into her brain that gold is the purest form of value.

Whereas to me it seems a weird human quirk to ascribe value to a shiny clump (I get the reasons it works well).

[Mik]

For real security I'd look more toward land. With water on or under it.

[jon-nyc]

I used to have some gold etf just for a non-correlated asset class but got rid of it in 2011 or so.

These days I can see owning physical gold more as an inter-generational insurance policy than as an investment.

[Doctor Phibes]

A Swiss Billy Mays?

[Jolly]

@jon-nyc said in Forget Your Spreadsheets:

I used to have some gold etf just for a non-correlated asset class but got rid of it in 2011 or so.

These days I can see owning physical gold more as an inter-generational insurance policy than as an investment.

No silver?

[jon-nyc]

Nothing against it, just that the value density is much lower.