Is gold worth investing in?

As a silver and gold stacker, I find that gold isn't as undervalued as silver may be, but I think it is still undervalued to some extent. I don't have much gold in my collection due to it being expensive and I don't make a lot of money, especially now since I lost my job.

Gold can be a good hedge against inflation. As inflation gets higher, the spending power of gold as well as silver will go up. It's also a good hedge against difficult economic conditions. This doesn't always mean that the price of gold will go up when there is a lot of inflation or the economy is looking shaky, but it probably will.

I think a pro to owning gold is it doesn't take up as much space as if you were to be stacking silver. You can have a small amount of gold that will be worth quite a bit and you can store it away easier. With silver you need more room especially if you're buying big bars or lots of coins. So it comes smaller but is worth much more.

Gold has been used for many things like electronics, in the medical industry for medicines, jewelry, and more. So there are many industrial uses for gold. There is a limited amount of gold in this world, which means when it gets bought up or used for different things, the demand will go up for sure. The more the central bank purchases gold, the higher the price will rise. The more demand there is for jewelry, the higher the price will be as well. There is only a limited supply of gold in this world in the gold mine supply.

I feel that the price of gold will go up in the future, I just don't know by how much. Hopefully it will be less undervalued than it currently is. Gold and silver are both real money. They are a solid choice for an investment, or if you want to store your savings away in something that won't lose value like the fiat dollar.

I would say it is a better choice to invest in silver if you do not have as much money to invest. You can get more bang for your buck, but gold is also a great choice if you want to save room in your house and keep it in a small package. Silver is better for fractional trading since it's cheaper per ounce, and gold is better for making bigger trades or purchases. They both have their uses and I believe they are both something that is good to invest in overall.

I hope the price of gold and silver skyrockets in the future, when the price of silver goes up, so will gold. I just hope my 1/10 ounce coin will be worth more than what I paid for it in the future. I plan to get another 1/10 ounce gold coin soon as well to add to my stack. Slowly but surely adding more gold to my stack. I think owning both gold and silver is the way to go, you get the best of both worlds.

So in short, I think gold is definitely worth investing in. I think it is good to have a good amount of gold and silver. They are both great investments as long as you get a good price for it. Hold onto it for the long term is my advice.

Anyways thanks for reading my post about gold, and make sure you are investing in a smart manner. Don't buy stuff with high premiums, buy for the quantity! Let me know what your guys' thoughts are about investing in gold! Steem on!