Gold and silver were pump n dumped during the Gamestop event, which was similarly ridiculous.
That was something to watch with the short selling in Gamestop. Gold has dropped into the $1700 (today $1754.58). I'm rather surprised, since I haven't seen it below the $1800's for a long time.
I have about $1.5K in so-called grandpa stocks... they're not immune to this bear market, but pay me dividends. Unlike gold or silver. So far, they seem to have weathered this year's volatility pretty well and are basically flat YTD, which is the best I can hope for in this bear market which could possibly last a decade. I'm assuming that the Fed continues its hawkish path.
And then there is this disastrous meme stock craze... hoo boyyy... just stay away. Lots of lost money.
That's great you have some good stocks and they are stable! My husband and I did some stock over 20 years ago, both a reliable money market stocks mixed with some volatile stocks. It didn't go very well, though we were also a bit green in the experience. I get your argument for gold and silver not providing an investment return. Our best investment strategy has been in RE so far, more likely works because of our robust economy in our state.
Yes to the Fed's and their hawkish practices. They are breaking apart our economy to the point very similar to 2008's housing market crash, which it is in a nose dive crash right now, along with many other concerns that are affecting successful businesses because of their pursuit of Environmental, Social, and Governance (ESG). While I don't disagree, earth stewardship is important, I do have concerns about forced implementation without the proper planning in blocks of 5 years, 10 years, etc. on how to move forward with policies that make sense without crippling businesses. Employment opportunities only happen when someone takes a risk and creates a business. Without entreprenuers taking those risks because of too much regulation, then you have dwindled opportunity for many to be employed.