GOLD 0.51% $1,391.7 gold futures

forget deflation .. inflation set to soar .., page-62

  1. 2,739 Posts.
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    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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