re: Can someone explain the pros and cons of gold?

quote:

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I think I heard it is up 7% in last 5 years so not s good inflation hedge

This was from a crypto baw on MSNBC though

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He's a dumbass.

in 5yrs gold is up 86.7%

4/18/19 it was trying at 1270. 2374 right now.

Consider silver as an investment as well.
Historically the gold to silver ratio has always hovered around 50:1
Right now that ratio is ~ 84:1.

silver is used much more in industrial applications. And, on top of that, of all the contracts that are traded on exchanges, is a fraction of that actually available for delivery.