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hahahahhaahyesterday at 11:32 PM1 replyview on HN

How do people feel about gold? To me it is purely speculative vs. index funds. If I were rich mabe have a bit of gold for the bunker next to the long life tinned gourmet meals. Better than fiat but not as good as company investments.


Replies

ProjectArcturisyesterday at 11:41 PM

I think gold will keep going up over the next few years, because many central banks are converting from dollar reserves to gold. That means very large demand which is mostly price-insensitive.