[ 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

View post   
File: 123 KB, 1200x677, 5a75e6e929af93124c3221dc.jpg [View same] [iqdb] [saucenao] [google]
26024946 No.26024946 [Reply] [Original]

is gold a good investment?

is putting 10% of your total money into gold a good idea?

>> No.26025012

>>26024946
BTC does everything gold does and more.

>> No.26025024

>>26024946
https://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart
sure kek

>> No.26025046
File: 91 KB, 1024x754, 1610485309292.jpg [View same] [iqdb] [saucenao] [google]
26025046

>used as money for thousands of years
>US treasury considers gold a lien on federal reserve notes
hmmm..

>> No.26025077

>>26025012
Besides, you know, act as a conductor and have real world value regardless of ponzi schemes

>> No.26025106

Only zoomers think gold is bad to have. Having some gold is great, but don't make PM a too large % of your portfolio.

>> No.26025152

>>26024946
gold isn't really that profitable it just protects your wealth from dollar inflation IMO

>> No.26025303

>>26025106
more volatile than bitcoin

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

https://www.macrotrends.net/2608/gold-price-vs-stock-market-100-year-chart

>> No.26025326

>>26024946
It is not a good investment if you are trying to get more money with it through speculation, it is more of a way to ensure your money is safe through the use of a physical asset that retains it's value throughout time.

Basically the same as investing in real state, except you cannot rent it and is less likely to experience fluctuations caused by the market.

>> No.26025561

>>26025077
So does silver but better, and yet boomers value it 75x above silver
But Bitcoin is bad huh?

>> No.26025585
File: 170 KB, 360x346, tenor.gif [View same] [iqdb] [saucenao] [google]
26025585

>>26025012
>No use in industry
>Easily traceable
>Private Key can be lost due to sheer stupidity
>Doesn't shine
>Oi, that's a nice 24 key pass you got there, mate

>> No.26026165

>>26025024
>higher highs, lower lows

>> No.26026882
File: 81 KB, 400x468, 1597870302590.jpg [View same] [iqdb] [saucenao] [google]
26026882

>> No.26026930

>>26024946
no

>> No.26027011

having some ounces of gold is not a bad idea.how many you think you need is arbitrary. 5 oz is my hold.

>> No.26027052

>>26025077
ngmi

There's about $0.03 worth of gold in every computer.

There's several trillion dollars worth of online financial transactions.

>> No.26027062
File: 1.14 MB, 1280x720, nazis buy gold.png [View same] [iqdb] [saucenao] [google]
26027062

>> No.26027178
File: 109 KB, 1280x721, hail jp morgan smackdown cheapies comex manipulation.jpg [View same] [iqdb] [saucenao] [google]
26027178