GOLD 0.51% $1,391.7 gold futures

WHICH currency are you using for that benchmark? I can assure...

  1. 13,468 Posts.
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    WHICH currency are you using for that benchmark? I can assure you gold appreciated massively against the hungarian Pengo in ww2 and stupendously just after ww2.

    In times of high inflation currency needs to be used fast - sure you could buy bananas but they tend to lose value when they turn black. Gold doesnt perish or oxidise.

    If your currency is stable and pegged to gold there is not much difference between holding gold and holding currency but if inflation rears its head you are best off converting to assets that dont wear and tear or rot.
 
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