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<p>[QUOTE=&quot;Nate Flannery, post: 24866884, member: 151938&quot;]Yep! On Nov. 19, 2019 Gold was around $1,520/oz. and just 7 months later (due to COVID) it hit a record high of $1,972. This was one of the fastest and biggest run-ups in gold in modern times. But it was only up about 30%, and it dropped back down to below $1,800 by November 2020. For the next year gold traded between $1,900 and $1,700. In March 2022 Gold made a new run-up close to its previous record high ($1,953), and then dropped like a rock down to almost $1,600 by Oct. 2022. Then inflation kicked in and gold set a new high of over $2,100 c. Dec. 2023. </p><p><br /></p><p>So, if you put all your money in gold in Nov. 2019 (pre-COVID) at $1,520 and have held onto it for over 4 years, you made a 73% return. That may sound good, because IT IS! But buying gold in 2019 was probably the best timing EVER to buy gold, and we will probably not see returns like we have seen during the past 4 years for many decades. And that will only happen if gold drops below $1,500 first.</p><p><br /></p><p>However, if you had just put your money in the DOW Jones ETF (DIA) on Nov. 18, 2019 at $280.27 (28,027 on the DOW Jones), waited through the &quot;COVID Crash&quot; in the stock market, inflation, Jerome Powell saying there will be &quot;pain ahead&quot;, interest rates going up faster than we have seen in 40 years, and held your position for the last 4 years until today (Dec. 28, 2023), you would have made 74.3% PLUS an annual dividend of about 2%-3% EACH YEAR. So that&#039;s a minimum of 2%x4=+8%. Add that to 74.3% and your return would have been 82.3%!! AND, this has been the hardest 4 years to navigate the stock market since the financial collapse in 2008. But DIA doesn&#039;t require &quot;navigation.&quot; It just moves 1 to 1 with the DOW Jones. So you can buy it and forget it. And did I mention it is FREE to buy AND sell!!</p><p><br /></p><p>In addition to all that, EVERYBODY forgets to include LIQUIDITY as one of the WORST things about owing physical precious metals. How &quot;liquid&quot; an investment is, is determined by the ability to sell an asset quickly without taking a significant loss. Gold and Silver are both pretty ILLIQUID investments. If you buy a 1oz Gold coin right now and try to sell it the next day, the SMALLEST LOSS you will incur is about $120! Ouch!! Guess how much of a loss you immediately incur when you buy a stock or ETF? $0.00000000!!! NOTHING!! </p><p><br /></p><p>And if you still want to do gold, GLD is a great ETF. You can buy about 11 shares for the price of 1oz of gold for NO FEE! And you can sell it 5 minutes later, sitting at your desk in your underwear for FEE!! This is called a VERY Liquid investment! GLD is extremely liquid by definition, physical metals are not. And as my &quot;Regan Republican&quot; Grandfather said many times, &quot;gold don&#039;t pay dividends.&quot; Stocks do.[/QUOTE]</p><p><br /></p>

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