[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:

View post   
>> No.57622250 [View]
File: 192 KB, 1633x1125, Inflation_adjusted_price_of_gold.png [View same] [iqdb] [saucenao] [google]
57622250

>>57622230
>You want gold as a store of value
Posting this shit for the 3rd time today. Gold is a fucking terrible store of value. Literally only useful as insurance if the USA Empire crumbles

>> No.57620946 [View]
File: 192 KB, 1633x1125, Inflation_adjusted_price_of_gold.png [View same] [iqdb] [saucenao] [google]
57620946

>>57620895
Pic related is the price of gold adjusted for inflation since 1915. It's absolute dogshit even in the "extreme long run", even when there are catastrophic circumstances. It's just useless.

>> No.57619440 [View]
File: 192 KB, 1633x1125, Inflation_adjusted_price_of_gold.png [View same] [iqdb] [saucenao] [google]
57619440

>>57619373
>Physical gold
The screenshot I just took shows the price of gold adjusted for inflation since 1915. I can't imagine buying that and calling it an investment. It might keep up with inflation, maybe.

I can understand the drive to buy land though, but as you said we probably just need to get accountants.

Navigation
View posts[+24][+48][+96]