For the Gold Bugs (Patreon)
Content
Ever since the inception of my channel, I have consistently criticized gold investments to the scorn of many. It's being hyped up left and right, akin to a worthless cryptocurrency.
As we approach accelerated M2 expansion - it is time to revisit a few facts that are quite revealing.
When you consider the gold price in relation to the M2 money supply expansion, it's evident that there has been an 80% loss over the past four decades...not something you want to hold long term.
As I always say, products that are aggressively promoted and marketed hard are often more likely to be scams.
From another perspective, it's depreciated by 52% in the recent 12 years. Clearly NOT an inflation hedge.