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Is Gold really a hedge in difficult times?

Started by JOE, June 10, 2019, 01:46:58 AM

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JOE

June 10, 2019, 01:46:58 AM Last Edit: June 10, 2019, 01:50:25 AM by JOE
Lately YouTube has been sending me videos by this guy who presents himself as thos financial prognosticator/guru.



Essentially his message is that the financial system is on the verge of collapse and that we should all buy gold:



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Thing is...is buying lots of gold the solution



And above all would gold necessary rise in  value.



Might the opposite happen?



Perhaps in an economic cataclysm gold will fall in value?



I think it might end up falling like the stock market
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