...as of this morning:
The highest I've seen per ounce yet.
Consider that in the first two months of 2020, the price was hovering around $1,500 per. If you didn't buy any then or by early 2022 at the very latest then buddy, you missed the move.
The smart play now is to wait for the price to drop, as it probably will this week...especially if the Fed decides to cut the interest rate.
In other news, snapshots of the refinishing project I started yesterday are in my chicken scratch/DIY thread. Check it out.
I need more sleep...
TheMiamiDeSantos
at first i wanted to put some money in gold etf, but then i found out bitcoin is better, after some research i found out gold ain't a very good value store to a normal civilian like me, sp500 is better to store value for a brazilian like me rather than gold. In my opinion gold is more for a big bank, country, or rich dude
ShadenLines
There are plenty of people who buy gold (or gold-backed ETFs--they're an excellent option) whose surnames are not Gates, Soros or Trump. You do have a point in that it's easier when one is at a certain financial level to invest in it. You don't have to be on the Fortune 500 list but it definitely helps when you're well-to-do. There's always silver...tons of people stack silver, & not only Americans. It's called "the poor man's gold" for a reason. The problem with silver is that it has weight & takes up space, especially once you have a few hundred bucks'+ worth.
The thing about Bitcoin (& cryptos in general) is that they depend on the Internet & associated technologies to exist. That's no problem most of the time, but a solar flare or an EMP from a nuke would take out most modern communications tech...always a possibility, especially solar flares. I'm not throwing shade, just pointing out its one weakness. Personally I'm all for cryptocurrency in general. If we can eventually free ourselves from fiat currencies, that would be fantastic.