Gold deserves and has earned its place - it has been proven as a store of value.
The question to ask -
If you have a choice of -
1. USD$50,000 in cash from 1900 or
2. what that cash would have purchased in gold, which would you choose ?
If you chose 1. you'd still only have USD$50,000
2. might be worth $5 mill .. I'm guessing.
So gold has way outperformed the USD .. now if we were to make a future investment decision which would we rather hold
or have faith in ?
Whoever said gold is not money deserves to get the $50,000 only.
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- forget deflation .. inflation set to soar ..
forget deflation .. inflation set to soar .., page-62
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