/biz/ - Business & Finance

>>24852595
To try and help get you gold cucks out of your echo chamber where you parrot peter schiff, a LITERAL JEWISH GOLD MERCHANT, quotes.

Especially if you are young and still have a life ahead of you, I have seen young men with pathetic little stacks of silver posting thinking that one day they will make it. It's pathetic.

>>24839110
>>24839198

Except there is a fuck ton of risk in gold, it's the risk of opportunity cost, Imagine having your money in this dog shit rock for 27 years and not yielding ANYTHING from it, even after 27 years you are only back at your nominal high which is far below the actual vaue of a ounce of gold in 1980. Not to mention the supply of gold doubles every 35 years at minimum. It's a terrible form of money in the modern era.

Perhaps in the time of the romans when there were no machines to mine silver and gold it was a good form of money however today it is to easy to mine.
Gold is cute if you are a old boomer who just wants to have his savings in shiny rocks. However if you are under 60 and you want too create wealth that will let you live a decent life stay the fuck away from gold.