Why Gold Is Such A Terrible Investment 🏆📉💸

Since 2009, we have seen the most money printing and monetary debasement ever engineered by a major central bank that presides over a global reserve currency. Unfortunately over that time period, gold has been a very poor store of value, underperforming tech stocks, trash companies, and trash food companies.

One of the biggest problems is that gold is just not that scarce: there is a lot of it in space and even on earth. If gold inventories increase at just 1.50% per year, then the money supply of gold doubles every 46 years. This makes investing in gold like investing in a leaky boat.

By contrast, Bitcoin has a fixed supply, and is easy to verify, easy to store, and easy to transport across borders.

90% of gold's value comes from its monetary premium, which is rapidly being eroded by Bitcoin.

Shiny yellow rocks are beautiful, but a very poor investment and store of value.

Bitcoin is digital gold for a digital 21st century.

Not investment advice! Consult a financial advisor.

Watch the Fed's balance sheet explode:
https://fred.stlouisfed.org/series/WALCL

Bitcoin vs. Traditional Assets CAGR:
https://casebitcoin.com/

Giant asteroid has gold worth $700 quintillion:
https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/

Mountain of gold discovered:
https://news.bitcoin.com/the-congolese-mountain-of-gold-surprise-discovery-in-africa-shows-metals-scarcity-is-hard-to-prove/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Monetary premiums for silver, gold, and Bitcoin:
https://pbs.twimg.com/media/D9uUPFnUIAEh1Qj.jpg:large

Indians moving away from gold:
https://www.thehindu.com/business/Economy/indians-moving-away-from-gold/article18307953.ece

Gen Z has a problem with gold:
https://www.livemint.com/money/personal-finance/gen-z-has-a-problem-with-gold-wgc-study-11573655003711.html

Original Video by Bitcoin University: https://www.youtube.com/watch?v=wBglH0Hf2ls

🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: MAGAlionHAT@Gmail.com

Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT

Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑

It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏

₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j

₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5

₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC

Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV

Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS

Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773

Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e

VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b