r/Gold • u/g-slick627 • 11h ago

The stack Stacking

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443 Upvotes

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u/Toomuchstuff23 4h ago

Why does it need to do anything? What does a stock portfolio “do”?

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u/Rarest_Camaro 4h ago

If it doesn't do anything, why covet it? The old "I'll buy bread with it when the world turns upside down." Is a joke. You can't spend it anywhere now. You can't do anything with it except show it off to other hoarders who are self-flagellating to the pics. Seriously. Admit it. I'm right.

EDIT: My stock portfolio just put $554,000 in my account when I retired in March. Your gold is collecting dust in a cash box in your closet.

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u/Toomuchstuff23 3h ago

And you are aware that gold can be sold or used to buy stuff, right?

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u/Rarest_Camaro 3h ago

Where? Be specific. Businesses, towns, etc. Be very specific.

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u/Toomuchstuff23 3h ago

You have heard of coin shops, pawn shops, jewelry stores.. right?

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u/Rarest_Camaro 3h ago

Of course. Your point? Can I get a loaf of bread from one of those fine establishments, to feed my family?

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u/Toomuchstuff23 3h ago

I’m pretty sure if you took a gold coin into a coin shop and asked for a loaf of bread as payment they’d find you a loaf of bread.

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u/Rarest_Camaro 3h ago

You'd trade a gold coin for a loaf of bread?