Self-Reliance and Self-Sufficiency
An individual with a long time horizon did not lose money if he remained invested in the stock market. The same cannot be said for gold, meaning that gold is the riskier asset. Compared to gold, stocks provide more safety, greater protection against inflation, and higher returns over the long run. These findings should give pause to ISKCON and non-ISKCON devotees aspiring to create Vaishnava communities with a gold-based economy.
Please read full article: Stocks Are Safer Than Gold: Vaishnava Stock Market, Investing, Finance Series
Further Reading
Srila Prabhupada On the Stock Market
Discipline Dominates Speculation
Austerity and Financial Independence