Is gold A meme or does it really hold value in the long run?
Gold bullion
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There is an almost infinite supply of it in our universe inside asteroids and planets
Bad long term store of value
It already has a $7 Trillion market cap. Silver is more undervalued.
Don't fall for any boomer shit like precious metals, index funds, high cap shit. Unless you're goal in life is save until your 70 so you can retire and do nothing with all your money. Like what even is the fucking point in life. Take a risk; small cap s&s, crypto, ICO's, IPO'S..... No risk no reward.
We're all going to be dead before that even matters
here is the 100 year inflation adjusted price of gold
does not seem like a good entry point on gold
It's a bubble. Follows the meme graph perfectly. Already crashing.
for comparison, here is the 100 year inflation adjusted price of silver. Silver seems a better entry point than gold, though neither of them seem like good bets relative to...just about anything desu senpai
it's something to keep in mind when you're trying to build generational wealth
>Is an asset used for 1000s of years as currency just a meme
The absolute state of Jow Forums.
But it is, gold and silver were memes of their time too
Soon you'll realize all of what humans value that isnt titties, food, air, water, comfort are all memes
>gold
3x overpriced now
Not me, meatbag.
btw A bill was recently introduced to restore the gold standard (H.R.5404)
I haven't been keeping up with the scifi tabloids, have they erected the supermassive asteroid-catcher's mitt yet?
Buy cowry
Au is overhyped
>restore the gold standard
never gonna happen
>posts graphs but too dumb to understand those. State of Jow Forums
And yes gold is a meme , been such for 5k years now
let me guess you buy gold tooth fillings on ebay
congress.gov
It's something like that, I'm planning on following the progression of the bill very closely, as I have yet to understand the potential impact it may have on domestic & global economies.
that just shows that the dollar has no value, lol
FPBP