Now add in the fact you won’t get spot price as a individual seller commonly
Patriots4life22 on
Costco selling 200 million of shiny rock a year
Basedandtendiepilled on
People in this thread are very insecure about the fact their portfolios are getting cucked by a rock
bootygggg on
If gold is only a store of value and doesn’t actually appreciate, but shows depreciation of a currency like the dollar then the stock market is the same
buddylee on
Until the day comes where we all devolve into tribes bartering for the last chicken in Denver, it’s a whole lot easier for me to make money and sell my imaginary share of McDonalds than it is to sell my real shiny rock at its full listed price. The harsh reality: Money is imaginary, gold is worthless, buy chickens. At least you can eat them.
RogueStargun on
Can I see this rock?
gphie on
We like the rock
iR0nCond0r on
How does the shiny rocks perform vs the top 5 best stocks all time?
sierra123__ on
Save all for real estate and air bnb the shit out of it. Trust me bro 💯
8yba8sgq on
On a risk adjusted basis gold kills it.
piper33245 on
Why are OP and all the commenters referring to gold as a rock?
Water_Ways on
Honestly I’ve been buying jade carvings as presents for myself and others the last couple years. They do go up in value over time. They can be passed down. They’re incredibly beautiful & possibly a little spiritual. Durable art as well.
flappypancaker on
This is actually crazy
naked_short on
Gold investors make buttcoiners look like 180 IQ investors. Unless you’re holding the physical metal, it’s just paper with a different name. I’d rather have the paper backed by the American military than some shiny metal.
TheBooneyBunes on
Anyone notice the price crashes are way steeper? Hmmmmm, contributing factor?
HerbHertz on
Congrats, you managed to find the one start point in the last 50 years where gold outperformed stocks. Even then it doesn’t because you didn’t add in dividend reinvestment.
Fawkinchit on
Can we not call it a rock?
Electricengineer on
SO BOTH ARE GOOD
mr_sew on
Now do bitcoin versus those two. I dare you.
ThisKarmaLimitSucks on
It’s because both investments are denominated in collapsing USDs.
CalRippedken on
The s and p 500 also isn’t the entire stock market
35 Comments
Shiny…rock…good?
Shiny rock doesn’t include dividends reinbesting
Taxes vs no taxes
Ok but have you ever HELD one of those shiny rocks? I didn’t think so. There is a reason everyone wants it
“Gold is money everything else is credit”. J.P Morgan.
Now add in reinvested dividends. Check and mate.
[deleted]
Except the S&P doesn’t represent the entire stock market and is weighted by market cap.
https://preview.redd.it/bcilx2x200vd1.png?width=500&format=png&auto=webp&s=9a3c2058911ef841a2e48a737e6907b94a3996f7
Gold bros are the dumbest mfs
Wait, which rock now?
Now do BTC 🐸
Pandemic crash = buy gold
Inflation hedge = buy gold
Geo political uncertainty = buy gold
General uncertainty hedge = buy gold
Financial anti-anxiety medication = buy gold
Stock crash hedge = buy gold
Stock crash happens = sell gold then buy gold
Recession = sell gold then buy gold
Thank you for coming to my Ted Talk.
Now do the same, but start in 2012
Now add in the fact you won’t get spot price as a individual seller commonly
Costco selling 200 million of shiny rock a year
People in this thread are very insecure about the fact their portfolios are getting cucked by a rock
If gold is only a store of value and doesn’t actually appreciate, but shows depreciation of a currency like the dollar then the stock market is the same
Until the day comes where we all devolve into tribes bartering for the last chicken in Denver, it’s a whole lot easier for me to make money and sell my imaginary share of McDonalds than it is to sell my real shiny rock at its full listed price. The harsh reality: Money is imaginary, gold is worthless, buy chickens. At least you can eat them.
Can I see this rock?
We like the rock
How does the shiny rocks perform vs the top 5 best stocks all time?
Save all for real estate and air bnb the shit out of it. Trust me bro 💯
On a risk adjusted basis gold kills it.
Why are OP and all the commenters referring to gold as a rock?
Honestly I’ve been buying jade carvings as presents for myself and others the last couple years. They do go up in value over time. They can be passed down. They’re incredibly beautiful & possibly a little spiritual. Durable art as well.
This is actually crazy
Gold investors make buttcoiners look like 180 IQ investors. Unless you’re holding the physical metal, it’s just paper with a different name. I’d rather have the paper backed by the American military than some shiny metal.
Anyone notice the price crashes are way steeper? Hmmmmm, contributing factor?
Congrats, you managed to find the one start point in the last 50 years where gold outperformed stocks. Even then it doesn’t because you didn’t add in dividend reinvestment.
Can we not call it a rock?
SO BOTH ARE GOOD
Now do bitcoin versus those two. I dare you.
It’s because both investments are denominated in collapsing USDs.
The s and p 500 also isn’t the entire stock market