Gold and silver are gaining popularity as people prepare for potential disasters like economic collapse or global conflict. Many individuals feel anxious about the future and see these precious metals as a stable store of value. Costco recently sold out of gold bars and has now added silver coins to its inventory. Experts believe this trend reflects a decline in trust in traditional financial systems and a desire for permanence in an uncertain world.
Gold is considered a safe haven during economic turmoil, but its returns are historically modest compared to stocks and bonds. Experts suggest investing a small portion (less than 5%) of one's portfolio in gold as a financial safeguard, but it's unlikely to generate substantial gains during stable market conditions.
