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And yet it works so much better than stashing a bar of gold under your pillow.
by KKKKkkkk1 10y ago
And yet it works so much better than stashing a bar of gold under your pillow.
- rphlx 10y agoWhy not both.. based on Chinese/Indian/Russian/German central bank action I do find the argument that gold is now a "worthless, obsolete shiny rock" unconvincing & I think a good case has been made for a modest allocation to physical PMs as insurance against tail risks. The goal is not to "outperform everything else" during normal market conditions but rather to limit worst-case draw down in the unlikely event of a major and sustained equity collapse, currency collapse, etc.