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Granite_Pill on scored.co
1 year ago2 points(+0/-0/+2Score on mirror)1 child
The gold chart is printing a massive cup and handle pattern that began in 2010. It's only in the last year or so going up above that level. That is sloooow. Meanwhile, the real inflation rate is like 14-20% per year. At that rate, gold is not even outrunning the real rate of inflation. It's doing good now, but it's still not outrunning fiat.
1 year ago3 points(+0/-0/+3Score on mirror)1 child
THIS year. Dude. Look at the gold chart. It's a massive cup and handle pattern spanning a decade. It would have been more profitable to hold the top 5 or so stocks. Currently, Nvidia and Microstrategy are blowing everything else out of the water.
the real inflation rate is like 14-20% per year
"At that rate, gold is not even outrunning the real rate of inflation."
try again
anyway diversify