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If gold's such a great 'investment', why did it decline during...

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08/04/24

14:48

Post #: 73241234
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Originally posted by szaba_the_hut: ↑

all asset classes beat badly managed FIAT currencies in an inflationary environment.

Gold, Silver and Real estate good investments generally speaking but never linear - always short term wobbles and spikes. When the big financial crashes happen everything will take a short term price hit hit as people sell in mad panic and others are forced to sell to cover margin calls. Cash has its 5 minutes in the sun - during the crash cash is king again.

That's the optimum time to buy assets if you can when nobody else wants them and everbody else wants cash. Holding a diverse portfolio including precious metals and real estate in the mix is always pretty good way to go IMO.

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If gold's such a great 'investment', why did it decline during WW2, the most destructive conflict in history?
Isn't gold supposed to insure one against such calamities?
1 Upvote

0 Great analysis

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