Gold and Silver will not save you from economic crisis
Gold and Silver in orange, stock market in blue.
When looking at the performance of precious metals compared to the S&P500, we come to a surprising conclusion. Gold and Silver are worse at protecting your wealth than the stock market. In my search for an asset that can protect you from inflation and general economic turmoil this is the unfortunate conclusion that I keep coming to. Almost every traditional method of protecting your wealth is usually just as bad as the stock market. We are starting to slowly get more data on Bitcoin and cryptocurrencies as an option for wealth storage, but at this point there really isn't enough data to make a completely solid conclusion. The times we're going through now are giving us the data we need. We will see what the future holds.
When looking at the performance of precious metals compared to the S&P500, we come to a surprising conclusion. Gold and Silver are worse at protecting your wealth than the stock market. In my search for an asset that can protect you from inflation and general economic turmoil this is the unfortunate conclusion that I keep coming to. Almost every traditional method of protecting your wealth is usually just as bad as the stock market. We are starting to slowly get more data on Bitcoin and cryptocurrencies as an option for wealth storage, but at this point there really isn't enough data to make a completely solid conclusion. The times we're going through now are giving us the data we need. We will see what the future holds.