Gold is a long game played by Empires over decades.
2 charts: LHS 1oz avg gold price since 1970 sub USD$100 to USD$1900; versus RHS inflation USD$1 now worth USD$7.
Obviously 1oz gold has outperformed versus inflation over that period.
There's no solution to the sovereign debt calculus that doesn't have gold & inflation as main variables.
hardrock
- Forums
- Commodities
- GOLD
- gold
gold, page-96587
-
- There are more pages in this discussion • 31,306 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)