OK my post was from 3+ years ago and gold has doubled since then. If you bought it then and sold it now, then you are beating the market, or other investment vehicles. However, it seems that a lot of gold buyers tend to be hoarders and they are not buying and selling for a profit, they are buying/stacking and holding. However, with the inflation we have had for the last 5 years, everything has doubled in cost, and so you are really only breaking even at best.
I have been stacking GOLD for years way Back when it was at $1,600 an once so have already made a significant amount of money as I personally believe at least another $200 an once is not out of the question but I am still a buyer, catch and release with out the release...LOL
Milk over the last 5 years: Apartment rent over the last 5 years: Farmland price per acre over the last 5 years: Movie ticket prices over the last 5 years: I could go on, but you get the picture. Doubled? Nah, unless you cherry-pick (and if you're going to do that, go straight for eggs ).
all I can say is that things will always go up and things like your salary will go down especially when adjusted for inflation.
You should remove movie ticket prices. That's a red herring because even though prices have risen, nobody is buying the garbage they are selling. Theaters are going broke because nobody is buying what they are selling, I suspect AMC will be bankrupt within 3 years unless someone acquires them. The content has been garbage and streaming has overtaken the market. On top of that, everything now is a retreaded idea and repackaged into an old sequel. Disney is going into that same rabbit hole, their only saving grace are parks and cruise ships. Content is a flaming dumpster fire.
Yeah, we can find nits to pick about any item included or excluded in such a list. In general, though, prices are nowhere near having doubled over the last five years.
Gold may -- or may NOT -- hold its own against inflation. But the best long-term hedge against inflation are common stocks. It's not even close if you eliminate timing bias, starting and end points, etc. If you use rolling 30-year time periods I will bet that even since gold was freed since 1971 that it is unlikely to beat stocks more than 10-12 times and also inflation. And that was coming from a super-low depressed period. Use 10-year rolling time priods since 1971....stocks will clearly dominate, it's not even close. I thought I posted the charts somewhere on another thread here at CT.
Time will tell but stocks are taking a beating !! threaten tariffs by the current administration have things moving in a bad direction and if they dont get this worked out and the tariffs which are scheduled to go in to effect April 2nd, imagine the fall out then
You should get the new coin coming out in the summer, the first Crypto President coin what I was listening to las evening, its got go through the mill to get approval or whatever process they use. if they use one.
I think the .32 caliber is a hidden gem when it comes to smaller caliber bullets very small and compact