I first transacted gold in 1979, and gold reached USD800 per ounce in early 1980. Now you tell me after many decades in mid to late 2020, is gold at USD1920 per ounce a good investment, bearing in mind during this period no interest income??
It takes 40 years from $800 to $1920, your annual rate of return is only 2.10%. Even at $2000, your annual rate of return is just 2.29%. There are lot of investment s can do better than that in the last 40 years.
