Jack Bogle (founder of Vanguard and ETF pioneer) stated that 'Commodities are a real losers game... in the long run they have no internal rate of return. You buy a commodity, gold is a good example. You're betting you can sell it to someone for more than you paid for it,' representing the investment community's general skepticism toward commodities.

factualpending

Speaker

Mike Ippolito

Evidence Quote

from Jack Bogle... Commodities are a real losers game... in the long run they have no internal rate of return. You buy a commodity, gold is a good example. You're betting you can sell it to someone for more than you paid for it

Source

Bitcoin's Role In The Debt End Game | Jonah Van BourgForward Guidance
Created: 8/12/2026, 10:20:03 PM

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