There is a time to buy, a time to sell, stocks and gold go through clear cycles where one outperforms the other, currently stocks have been outperformed by gold for 25 years.
My kids bought silver recently and are up 17% in about 2 months.
While assets like stocks do better when currency depreciates in the short term, unless customers have proportionately more currency the price has to fall in-line with the currency in the long run. Gold etc. track a basket of currencies more effectively.
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There is a time to buy, a time to sell, stocks and gold go through clear cycles where one outperforms the other, currently stocks have been outperformed by gold for 25 years.
My kids bought silver recently and are up 17% in about 2 months.
While assets like stocks do better when currency depreciates in the short term, unless customers have proportionately more currency the price has to fall in-line with the currency in the long run. Gold etc. track a basket of currencies more effectively.
Ha ha, shaming me as a dad, are you?