I just don't believe all the hype about gold being a great place to park money right now. The price of gold has been at a plateau for the past 3 years, with ups and downs, but it just doesn't look like there is the big climb the gold sellers are trying to tell potential customers. If gold was such a great buy, wouldn't they put all their resources into buying it for themselves, rather than selling it to others?
Any thoughts on gold are appreciated.
I consider my retirement account to be my kid's inheritance. My wife and I don't need it now or the foreseeable future, so I would like to have my money where it will at least keep most of it's current value. Despite being in the most conservative portfolia, I STILL lost about 20% in 2022.