"The problem is you could have actually owned gold for 90 years. Average Joe could have bought gold and held it." I don't understand why this is a problem. Yo

"The problem is you could have actually owned gold for 90 years. Average Joe could have bought gold and held it." I don't understand why this is a problem. You seem to be arguing that if you were a person of average wealth, thinking about investment 90 years ago, gold might have been a reasonable choice. But if I want to invest today, investing in an ETF will almost certainly give me far greater return than gold.