Now we are getting somewhere, fiat "currencies" are all being devalued everywhere, all will eventually go to zero. Now start comparing the value of assets to each other. For example, the chart below indicates houses are greatly overvalued still. Gold is only a means of wealth preservation, if you sold out of housing in 2005 ish, and invested in gold you would be that far in front it wouldn't be funny.
Gold is in the process of catching up in a big way to these other inflated asset classes. It's all about the wealth cycles.
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Dusko Ljubojevic, MD
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