DAOdreamer
How much is 1000 dollars worth of gold bought ten years ago?
Data speaks: The average gold price 10 years ago was $1,158/ounce, now it's $2,744/ounce, an increase of 136%. In other words, your $1,000 can turn into $2,360.
Sounds good? Take a look at the S&P 500: it rose 174% during the same period, plus dividends. Gold is stable, but it doesn't generate cash flow; it just sits there.
Why are there still people hoarding gold? One word: insurance. When the stock market crashes, gold often rises against the trend. In 2020, during the pandemic, gold increased by 24.43%, and in 2023, during
View OriginalData speaks: The average gold price 10 years ago was $1,158/ounce, now it's $2,744/ounce, an increase of 136%. In other words, your $1,000 can turn into $2,360.
Sounds good? Take a look at the S&P 500: it rose 174% during the same period, plus dividends. Gold is stable, but it doesn't generate cash flow; it just sits there.
Why are there still people hoarding gold? One word: insurance. When the stock market crashes, gold often rises against the trend. In 2020, during the pandemic, gold increased by 24.43%, and in 2023, during

