That's a gross misrepresentation of reality. It gives the false impression that gold prices always increase, which is not the case. Gold is a volatile asset, i.e., it's a relatively risky investment.
It took 8 years for gold to recover from circa 2012 drop. 8 years is twice as long as S&P 500 took to recover from 2008 financial crisis. More importantly, see the 1980 high. It took 26 years to get back to the same point. Anyone considering investment should adjust their expectations accordingly.
It took 8 years for gold to recover from circa 2012 drop. 8 years is twice as long as S&P 500 took to recover from 2008 financial crisis. More importantly, see the 1980 high. It took 26 years to get back to the same point. Anyone considering investment should adjust their expectations accordingly.