• TemporaryBoyfriend
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    10 months ago

    Its advantage, strictly speaking, is that it is not correlated very much with stocks, bonds, real estate and other things people owe.

    Not that the bot made a mistake, but this is wrong…

    Gold drops like a rock when markets take a shit. It usually bounces back quickly – often before stocks recover, giving you a chance to buy cheap on the dip, and sell at a profit three months later, and pick up some of the stocks that haven’t recovered yet… But it VERY MUCH moves in sync with the market during times of crisis.