pull down to refresh
50 sats \ 0 replies \ @Undisciplined OP 14 May 2024 \ parent \ on: Why Gold Is Such A Terrible Investment econ
I've rapidly soured on gold, even as inflation insurance. So much of its value is in its monetary premium already and I think there's good evidence that bitcoin is already eating into that.
I'd rather hold silver, which is primarily valued for it's industrial uses, but can gain monetary value during periods of debasement.
I also think the industrial value of both metals will grow over time, but that will only really have an effect on silver's price, since so little of gold's value is industrial.