n7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish · 8 months agoGold for houselemmy.caimagemessage-square44fedilinkarrow-up117arrow-down110file-text
arrow-up17arrow-down1imageGold for houselemmy.can7gifmdn@lemmy.ca to Memes@lemmy.mlEnglish · 8 months agomessage-square44fedilinkfile-text
minus-squareCustoslibera@lemmy.worldlinkfedilinkarrow-up2·8 months agoIf you had of invested the equivalent amount of money in the Dow Jones index instead of purchasing 10kg of gold and kept it invested from 1920-2024 you would have ~$15 million.
minus-squareUnverifiedAPK@lemmy.mllinkfedilinkarrow-up2·8 months agoThis, precious metals are a hedge against hyper inflation. Not an investment.
If you had of invested the equivalent amount of money in the Dow Jones index instead of purchasing 10kg of gold and kept it invested from 1920-2024 you would have ~$15 million.
This, precious metals are a hedge against hyper inflation. Not an investment.