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A friend asked me: Is it still worth buying gold at 5200 dollars?
I’ll be honest:
If you expect it to double next year, then don’t buy it.
If you want to find an anchor for your assets, then you can buy it anytime.
Gold has not changed for 5000 years. It doesn’t produce interest, nor does it promise returns; it quietly tells you what "value" means when fiat currencies are going crazy.
Buying now isn’t about betting it will rise to 6000; it’s about betting that the world will continue to print money.
And why chase after gold that keeps hitting new highs? Why not buy Bitcoin that starts with a 6? Isn’t Bitcoin, which has already dropped by 50%, appealing?
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