@ZachWeinersmith gold's value increases when the economy is doing poorly whereas an index fund wouldn't. So it's more something that would make sense to do if you're confident a crash is coming (you could also short stocks in that case). Someone who knows what they're doing might have gold as a small part of their portfolio so they don't lose everything if the economy goes to shit. But only someone who thinks tacticool gear is disaster preparedness thinks of gold as a retirement plan.
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