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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. 


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Anonymous

Gold and silver bugs are very sure of the assets. I think it could be a good short term bet keeping a close eye on a good pop trying to sell at the top. Although, I would buy bitcoin before gold and I believe many are thinking the same way.

Anonymous

I can only see an argument for physical gold if the internet is turned off, but if that happens the world would spiral out of control as all essential utilities use it. If that happens and gold is the only usable currency then you are a big target if you use it.

Anonymous

I kind of agree with you here Bluehead investor. I also think the BRICS country intentions with gold may affect its price to the upside.

Anonymous

In that case, gold, silver, lead. Lol All kidding aside, for that reason I have a big Tupperware filled with dry foods, water filter, silver and lead. I’m not a fanatic but in my mind, you never know. I carry car insurance and life insurance too and don’t really plan on using them either. But ya never know.

Anonymous

James - people refer to bitcoin as digital gold. Do you think this is bitcoin’s future?