FidelityInternational/Tom Stevenson/2-3-2023

“Another reason to hold gold is its stability over long periods. Prized as a store of value since ancient times, gold has tended to maintain its real inflation-adjusted value over time even if it can be extremely volatile in the short run. If you do own gold, it is a good idea not to watch the price too closely because you are likely to be shaken out of your investment at some point when your nerve fails.”

USAGOLD note: Don’t get hung up on the short-term bumps and bruises or, for that matter, the occasional out-of-the-box explosions to the upside……We have always recommended gold as a long-term store of value rather than a short-term speculation. And, when viewed as such, it is a very rewarding item to own as borne out by the long-term charts.