As an investment gold totally sucks!
I know
@1ronnie has been pushing it lately but until the last few months it has shown a return less than inflation since 1980 - a losing investment for 90% of that time.
The only thing worse than gold is the other metal
@1ronnie is pushing - Silver. Just look at this >
Silver
Silver remains significantly below its 1980 inflation-adjusted peak, indicating a substantial real-term loss over the period.
Does this mean all metals suck as an investment?
Certainly not!
Copper >
Copper
1980 Price:Approximately US$0.90 per pound.
2025 Price:Around US$4.50 per pound.
Real Return:Approximately 400% increase.Barron's
Copper has also outperformed gold in real terms, reflecting strong demand growth over the decades.
and lastly Palladium >
Palladium
Palladium has outperformed gold since 1980, with a substantial real-term increase in price.
As usual DYOR and AI provided some of the above so that's easy for you to do.
Don't believe everything you read and of course you have to put everything into the context of today versus future values. Maybe Silver has been so lousy it is now a good thing after all going forward....
