Never, ever forget. Long-term track records on an asset class that implodes every few years are total BS. Anyone stating them needs to be called out as a pumper looking for a greater fool.
Last 10 Years – Largest Drawdowns
Gold: -22%
Bitcoin: -78%, -82%, -55%.#StoreOfValue pic.twitter.com/OKcPL7ZgGU
— Lawrence McDonald (@Convertbond) December 5, 2024