/biz/ - Business & Finance

>>56128963
It’s over

They’re actually gonna pull it off huh. I won’t take the Soma

>>53368575

>>53282146
>Assuming an average growth of 10% each year

It would probably be a -50% at the end of this year, anon.

>>53211794
All value is subjective, so anything can be rationalized to be valueless. But in terms of historical perception of tangible value, nothing is more consistent than gold. At no time in the past thousands of years of civilization has gold been worthless or not seen as money. It only had cosmetic application throughout most of that per-industrial history.

You don't really get it until you hold it, but as soon as you do, you truly feel as though you are actually holding money. In a world where most "wealth" is intangible and theoretical, it is truly special to feel real money. It has less direct economic mobility and requires a safe place unlike currency and is slow in growth unlike other investments, but I truly think everyone should have some gold. God knows if this house of cards clown world economy ever does collapse, things quickly default back to a economic reality and what a person can touch and feel. So it's a good bit of diversification to have. And that diversification isn't real if you're buying it on paper or holding it in an exchange or bank.