📉🪙 If I had bought gold 533 years ago (at the top of its peak in 1492), then you are almost back to Malik's head!
🔍 According to the historical plan:
- The highest gold price in 1492 (after adjusted for inflation) was about 247,238,762,693.304.
Gold price is almost today at the same level.
In other words, I needed more than five centuries to restore the value of your investment without profits!
This raises an important question:
Is gold really "a safe haven that protects you from inflation" as it is said? Or is this just an exaggerated idea over time?
At the same time, some criticize 22,726,236,627 and describe it as risky, although its historical performance was much faster in the doubling of capital compared to gold.