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 can see diversification. A little gold, silver maybe even bitcoin. What doesn't make sense to me is if paper is about to become worthless why sell these things and accept paper. Sure the person trying to sell the gold can take their commission and buy gold/silver but why are the people holding the gold accepting paper?