SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (211330)2/14/2025 3:16:24 PM
From: carranza2  Read Replies (1) | Respond to of 219897
 
I know I should know

I agree, you should.

But an obsession with one asset leads to tunnel vision.

My take, for all it is worth:

1. Gold has been for decades the most manipulated asset besides oil;

2. There is tremendous competition from Bitcoin, which as far as I can tell is used primarily as a store of value. It has long ago surpassed the "it will fail because I don't understand it" argument. And it is so much easier than gold to deal with. If it is to be manipulated, it seems to be in the up direction, not down. We'll see.

3. Those damned American tech stocks are providing very gratifying (and I do mean gratifying) returns. Why absorb opportunity costs in order to be in an asset that does nothing over the years but disappoint when compared to other asset classes? Seems irrational to me. Fortunately, I became rational.

Your mileage may vary.