Why Gold Is More Valuable Than Ever Now | WSJ

Read more about the 21st century gold rush: on.wsj.com/4bjx3HU

The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

Gold isn’t an investment. It’s a savings account.

Historically speaking Bitcoin doesn’t do much immediately after the halving - but it does do impressive spikes and tops out around 18 or so months afterwards. No one can time the market, but I'd say it's worth considering entering a position at current prices and if further dips occur, just add to your position. Over the long run, there is a higher probability to the upside than the downside, .It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.4Bitcoin to a decent 18Bitcoin in the space of a few months...I've personally benefited from following Aaron Klaus ’s trading tactics which speaks volumes about his expertise.

Gold looks like it's going big this year. I really want to profit from it this year. I have about $40k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

Gold and silver have industrial applications. People always wish they had bought gold and silver after their currency collapses, but before the collapse they think it is just jewelry.

You shouldn’t be asking “why is gold in such demand?”, you should be asking “why are people dumping fiat currencies?”

By the time something is on the news you’re too late

Gold has the same value. Currency is dropping.

"Gold has no CEO. No one can manipulate it. It has its value because of its rarity" Where have I heard that before?

People try to predict the economy not realizing it is a command economy, central planning! my question is, instead of having much cash in bank that could lose value to inflation, do I invest in stocks or buy gold to safeguard and grow my wealth?

I think he was trying to say, “these young people are skeptical of MODERN and financial assets.”. I am no historian, but stock markets and currencies are fairly new when compared to trading with gold.

The price of gold isn't going up. It's the dollar that's going down.

Because you can’t print 15 trillion gold like placing a few keystrokes.

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

Gold purchases are mostly from countries facing currency depreciation, followed with inflation eroding wealth. Personally I had to shift to alternate investments such as stocks which resulted in $1.7m returns in 13 months

Informative. Thank you!