Gold and crypto are often hyped as great investments.

We've never recommended either. Here's why.

The Basics

At their core, both share one defining trait: they don't produce anything.

No earnings. No dividends. No cash flow.

Their value depends entirely on what someone else is willing to pay. Economists call this the greater fool theory. We just call it what it is.

That's not how long-term wealth is built.

Gold

Gold is real. It's tangible. It's been around for thousands of years. It has a limited, legitimate use case... primarily jewelry and certain industrial applications.

But as an investment, none of that changes the outcome.

Gold doesn't grow, compound, or generate income. Own an ounce for a lifetime and you'll die with exactly one ounce.

Over the last 200+ years, after inflation, gold has returned virtually zero. That's not opinion, that's the math.

Gold is popular right now. Prices are at all-time highs. A recent Gallup survey found 30%+ of U.S. households consider it the best long-term investment. You can literally buy gold bars at Costco.

None of that changes the fact that popularity isn't a return.

Gold's appeal is rooted in fear. Fear of the government. Fear of the dollar. Fear of the financial system itself. As Warren Buffett has noted, gold attracts those who distrust America and bet against it. That's not an investment thesis. That's emotion, not logic.

Gold may preserve value over time but it doesn't build it.

Cryptocurrency

Crypto has been around for roughly 15 years, a blink versus gold's millennia, and it has even less going for it. Today there are 23,000+ cryptocurrencies in existence.

All of them have the same general characteristics. No underlying business. No earnings. No cash flow. And unlike gold, no meaningful use case that supports its value. There is no engine behind it.

The narrative keeps shifting: currency, store of value, now a trading vehicle dressed in tech jargon. Strip it away and it's the same fear trade as gold. Same thesis, newer packaging.

Crypto is momentum-chasing speculation — gambling dressed up in tech-bro vocabulary. It goes up when more people keep buying. Until it doesn't.

There are plenty of reasons we'd never recommend Bitcoin or any other cryptocurrency. It comes down to three: zero intrinsic value, no profits or dividends, and no real-world use case or benefit.

A Different Standard

Every asset we consider must clear one bar: does it produce real earnings, cash flow, or dividends?

If the answer is no — the return depends entirely on price. You need someone to pay more than you did.

If the answer is yes — the asset can compound over time. It builds on itself.

That's the difference.

A Tale of Two Buckets

Here's where it gets concrete.

All the world's mined gold plus all existing cryptocurrency has a combined value of roughly $36 trillion. Call that Bucket A.

For that same $36 trillion, you could own more than half of the entire S&P 500 — the 500 most profitable and innovative companies in the world. Call that Bucket B.

Bucket A: static. Produces nothing. Pays nothing. Grows only if the next buyer is more fearful than the last.

Bucket B: real ownership in the most profitable, innovative, and well-managed businesses on the planet. In 2025, these companies paid out a record $671 billion in dividends. Total operating profits for the year came in between $1.8 and $2 trillion.

History shows that owning these businesses compounds at roughly 10% per year over the last century... doubling value every seven years. The weak companies get replaced by stronger ones automatically. You don't have to do anything except own it.

Productive assets are fundamentally different. They generate profits, reinvest and grow, distribute income, and evolve over time.

Wealth is created through production — not price.

A century from now, Bucket A will still be a static block of metal and forgotten digital tokens. Bucket B will have generated unimaginable real wealth for the people who simply owned it.

The Bottom Line

Neither gold nor crypto have a place in a Gg portfolio.

We own productive assets that generate, compound, and grow over time.

Not because it's trendy. Because the math is clear and it works and has for more than 200 years.

Productive assets don't just build wealth. They create options.

Flexibility. Control. Freedom to make decisions on your terms.

Albert Einstein said it best:

Compound interest is the 8th wonder of the world. He who understands it, earns it... he who doesn't... pays it.

Your life is our passion.