2 ms·

Gold is and historically has been one of the best stores of value.

• csomar 5y ago
  Couldn't be more wrong: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart https://www.macrotrends.net/1333/historical-gold-prices-100-... Gold is quite volatile. The chart shows how inflation-adjusted gold can lose %70-80 in a very short period of time; and how it can take a really long time for the price to recover.
  • donatj 5y ago
    The volatility is in the currency.
  • kaycebasques 5y ago
    The chart that you provided actually shows that gold is often a strong investment in an inflationary environment. Notice the price action in the 1970s. Artemis Capital's Dragon Portfolio [1] idea explains the concept well. From my understanding the best explanation of gold's general behavior is real interest rates [2]. [1] https://artemiscm.docsend.com/view/taygkbn https://artemiscm.docsend.com/view/taygkbn [2] https://en.m.wikipedia.org/wiki/Real_interest_rate https://en.m.wikipedia.org/wiki/Real_interest_rate