Skol gold only returns around 1.7% real return in the long run. Dreamers will not go broke with gold, they will earn are miserly return but could go a decade or more in negative territory.
The saddest thin is those that believe gold is the answer to perceived debt problem. Money markets are complex beasts it woul dbe safer for punters to ignore the soundbites and keep it simple.
If there is too much money sloshing around in the system people have buying power without needing to work = shortages of goods and services = inflation.
Companies are making reasonable if not astounding profits and therefore people are buying. The system is fine, recessions are normal and make logical sense. If we are to have one soon and it is reasonable to assume we will it would be short lived. Global financiers have the systems backed by monetary policies to stoke the economy when needed.
Gold standard = forget it that was yesteryear, there is not one credible peace of writing Doc has read that clearly explains the benefit and how the world would transition to it. Simply it will not happen, the future is technological innovation in payment systems. Mankind moves forward not backwards.
- Forums
- Commodities
- GOLD
- gold
gold, page-59638
-
- There are more pages in this discussion • 69,277 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)