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You'd want to mention stocks like Coca Cola that have done great compared to gold. I could point to companies that went backrupt, their stock crashed to almost nothing like Enron and others or investment Ponzi scams like Bernie Madoff, investors lost their money. Some brokers/financial planners have turned bad and stole client's funds. After the Great Depression it took over 20 years for the stock market to recover.
There's risk with every asset. Someone could break into my safety deposit box and steal my gold/silver. My bother got scammed out of about $20,000 in bitcoin.
Very rare coins have sold for millions of dollars outperforming stocks.
We all have a right to our opinions. I like me some gold/silver and won't change that.
The whole point was picking a stock that 'everyone understands and anyone could pick'.
Walmart, Costco, Visa all would be like examples. Or, an index funds.
We agree that the elite levels of collector markets have outperformed equities, but let's assume nobody here is swimming in those waters (or if any are, they needn't be concerned with advice from the likes of us)
The point is, numismatics have very provably been a terrible 'investment' compared to very ordinary investment vehicles that require little if any expertise to navigate and doesn't require extreme outlier levels of income to engage.
On a long enough timeline, gold has done its job well and is definitely having quite a run right now, but to date still woefully underperforms ordinary indexing or DRIP investing in the aristocrats.
None of this is even arguable so 'wuddabout Enron and how's about a 1913 V Nickle' isn't a particularly sharp counterpoint to it
