Now, if you put that same $100 into the S&P 500 index funds on January 1, 1971 and reinvested the dividends back into the S&P 500 index funds, you would have had $20,584.12 as of December 31, 2023. Source:
https://www.officialdata.org/us/stocks/s-p-500/1971 And the S&P 500 is up about 10% from January 1, 2024 to present, so you can add $2,000 to that number. The index has beat inflation by an average of 6.48% per year per the cited source.
Physical ownership of metal carries no counterparty risk.
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Gold has the risk that people aren't going want it any more than dollars if the meltdown predicted by the doom and gloomers comes true. The true gold believers also appear to be operating under the beliefs that they would be masters of the universe in such a scenario and that the government and the 99.9% of the population that doesn't hold such assets are going to sit by and let that happen.
