World End Economica (Short Comic) - Ch. 8 - I'm Liking It 2020/08/12

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Yeah no Gold is not an investment, though you can speculate on it. It's a defensive play to protect your capital from inflation. You buy gold because you do not trust the Fiat currency system and especially if you don't know where else to invest your money. So as long as you don't do a dumb and buy it when it's priced too high and sell it at a loss you have minimal risk, how do you know if it's too high? technical analysis.

But even if you mess up and buy it too high given enough time (likely decades) you'll still be better off than most people who put their money elsewhere. Buying gold will not make you rich and anybody who thinks so is out of their mind though.
 

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