Gold just sits there. It does not generate any income.
If you hold it a long time and sell for a gain, you pay a gain tax.
Therefore, if gold appreciates at the rate of inflation, then when you sell you end up a loser.
It would need to appreciate more than inflation in order to just keep you even when you sell.
The nice thing about gold is that it is fun to hold. It has a nice weight. Gold coins are fun. But is that fun worth $1,200? I think a computer would be more fun.
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