The Macro Moment: Why Do They Never Talk About The Returns In Gold?

7

  • 325
  • 0
  • 29.433
  • Reply

  • Open in the desktop app ADD TO PLAYLIST

    taskmaster4450le

    Published on Dec 21, 2021
    About :

    We all heard the Peter Schiffs and Robert Kiyosakis of the world espousing how hyperinflation is going to cause gold to skyrocket. Of course, they were saying this in spite of the fact that the 10 year return on gold is ZERO.

    In this video I discuss how Kiyosaki claims to have invested in gold since the early 1960s. That is admitting that he got awful returns for nearly 60 years. Of course, he talks about the returns on Bitcoin since they are outstanding. Yet never is it mentioned about gold.

    The reality is that outside of a hedge, gold does not provide a good return. Schiff, in 2011, claimed that gold was going to $5,000 and said people should avoid the stock market. Since that time, equities went onto the largest bull run in its history while gold is flat.

    Tags :

    leofinance archon gold mancave neoxian

    Woo! This creator can upvote comments using 3speak's stake today because they are a top performing creator! Leave a quality comment relating to their content and you could receive an upvote worth at least a dollar.

    Their limit for today is $22!
    Comments:
    Time until taskmaster4450le can give away $22 to their commenters.
    0 Days 0 Hours 0 Minutes 0 Seconds
    Reply:

    To comment on this video please connect a HIVE account to your profile: Connect HIVE Account

    08:31
    18 views a year ago $
    06:23
    11 views a year ago $

    More Videos

    03:54
    0 views 3 years ago $
    00:30
    1 views 3 years ago $
    00:57
    1 views 2 years ago $
    03:12
    22 views 2 years ago $
    01:03
    4 views 4 years ago $
    01:28
    16 views 5 months ago $