>>11027009>Adam Barrata>of Advantage GoldYes If I was a gold merchan I would pump the fear to max to sell my product, or like that fella Peter Shiff who was quite popular 10 years ago.
and he was right on some stuff, like the housing market collapse, but still, he is a gold merchant trying to sell gold.
Maybe Mr Baratta is right too, but I see the possibility of a collapse happening in my lifetime to be low enough to invest none or maybe minimal to the gold market.
30 years ago, if you trusted usa would survive cold war not collapse in 2020,and invest your money in index funds you would have become a millionaire now. If 30 years ago if you thought soviets would nuke the shit out of you and murrica collapsing in post soviet era and bought gold accordingly, your markup would be miniscule compared to stocks.
Gold buyers bet on society to collapse, and that is not a bet I'm interested in, I see it highly unlikely.
Now if you are in 3rd world thats another story, If I was a syrian yes I would have bought all the gold, shoved it up my ass and gtfo.
