GOLD
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0.51% $1,391.7 gold futures

gold, page-109912

  1. Just4kicks
    4,008 Posts.
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    09/06/22
    12:23
    Post #: 61916086
    Interesting but how would they debase a currency if it's locked to gold, the only inflation in gold is annual 1 or 2% increase in above ground reserves which gradually easily mined resources deplete lessening the debasement rate.

    The pegged price has to increase over time as it trades as a swap for energy which also depletes.
    Value at posting: $1,391.7
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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