Quite obviously, I believe that gold is going to soar in value in the years ahead.
Gold will go to US$400, $500, $1,000 or even $5,000, but that may all prove meaningless if the US$ is simply collapsing .... and the US$ is in imminent danger of tanking!
And yet we are accustomed to value gold by its cost in US$ - that's simply how it is done.
There must be a better way.
I suspect one way might be to continually value gold against the DJI, or the S&P 500, or the Russell 2000 - I don't know if that would be any better but I feel it would.
Any suggestions ?
TIA.
bye.dub
(By the way, IRJones' post #67603 makes a lot of sense to me. I perhaps might quibble over the values he uses, but his argument is very valid IMO.)
