Up to 2006 gold was priced less than $20,000/kg and after 2010 it has never dropped below $35,000/kg.
Anyone who had any large % of their wealth in gold felt & feels very, very clever. Saying 'tanked' is appropriate for day-trader thinking but for investors (which in my book implies return periods of 5-30 years) looking to preserve wealth they'd barely notice.
Anyone who had any large % of their wealth in gold felt & feels very, very clever. Saying 'tanked' is appropriate for day-trader thinking but for investors (which in my book implies return periods of 5-30 years) looking to preserve wealth they'd barely notice.