I know people out there who have invested a lot in gold under the belief that in the event of like complete societal collapse or hyperinflation, they could use it for purchasing.
I have the hunch it’s a scam, but I haven’t learned enough monetary theory, business, or economics to understand why.
If you look back at the 2k8 crash gold plummeted almost as fast. People sold it off to cover other positions.
so you’re saying buy the dip sell the tip?
it’s selling time soon.