Gold Is Holding Up as Stocks, Bonds, and Crypto Plunge $GLD, $GDX, $GOLD


Food for thought. Especially since this sub is way way way too tech / growth stock heavy. Especially the part where in market conditions like these it best to hold assets that lose less than everything else. Because those are usually the first assets to recover. I would also suggest everyone look at the yahoo stock charts for $GLD between 1999-2012 and compare it to the Nasdaq. It paints a very interesting picture that is never mentioned here. The Nasdaq didn't outperform Gold until 2018 when we were well into the last bull market.

https://www.marketwatch.com/articles/gold-is-holding-up-as-stocks-bonds-and-crypto-plunge-51655445600?mod=mw_quote_news


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