Nobody Loses When They Invest In Gold

Exactly as buying gold has its staunch advocates, it has equally strong adversaries. Why? Because some feel and argue that gold too is prone to bubbles, giving the classic example of the 1980’s, when it cost 850 dollars an ounce, and then its price plummeted and had not risen again for over two decades. But what they don’t seem to notice or deliberately ignore is that the inflation was soaring at the time and everyone bought gold out of fear.