Scared global investors

A seasoned but rightfully scared global investor just wrote me: “Well, buying Gold in year 1971, would have increased your capital 71x.”

Realize, in picking an arbitrary-date from the past and then extrapolating this into the future, say to the present, is a no-no in the professional investment biz. -and in fact, US SEC illegal in any kind of Fund advertising regarding showing past returns. One can so easily pick a chosen date, say for example on Google, and then claim "how one would have made 1000x".

The price of Gold in fact moved very little, compared say to stocks, for a long, long time up until say a year ago,  even while stock prices & property in general and mostly roared-up during this Gold mostly stagnant decade.  Yes + dividends, where as gold/silver pays 0 current income.

Various old Gold stern advocates, mention for example how Gold is viewed favorable many times in the Bible; well, yes as in those days, long gone, there was were very little legitimate alternatives to invest in. N'est pas. 

But just to add, at my since 1997 running web site here, I for long yes ever since inception, ever so often stated to slowly keep accumulating Gold, with profits nailed down and taken on stocks.  Also regularly so mentioned.  Early last year, end of Jan. 2023. , wrote up Sprott Physicla, or PSLV (9.90), here at 8.15 US$.  My choice of a solid lowest fee, pure silver ETF fund.   Here:  https://thaistocks.com/content/high-dividend-paying-thai-stocks-my-silver-pick-longer-run

So, I by far not disagree on gold/silver, except with the long held thesis by some “in only owning Gold/Silver”.  But times are always changing, as the World is far more volatile these days, yes brought mostly due to Western US lead hegemony/neocons follie.

More and more people, of different education and know-how & means, have increasing dire concerns, like me, with this US war-mongering and destabilizing and now upcoming most uncertain in decades, US Nov. ’24, election and uncertain outcome. Will the loosing party accept its results?   World popular majority opinions i.e. US/EU -even AU/NZ as well as S. Korea from what I know, popular opinions, are very much against what is all going on; yet the politicians all over there are just not listening -while following the US, dare I say, neocons of Washington with their lame-duck non-global congressmen/women.   Many of us are rightfully increasingly so, asking: is Democracy in the developed countries failing? Dare I repeat.

I sense, and have been in this biz. a long time enduring many investor cycles over 4 decades, some kind of reset is likely in the coming...when, nobody knows?  But by then, prices of all kinds of things/services/investments may/will drop, due to a massive/sudden change?  Gold/Silver should prevail, anyway, that is the conventional wisdom, as it has in the past.