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Why does Gold matter !

Posted by Ororeef @ 22:44 on June 21, 2019  

It ‘s real money ..not credit !

The price will adjust itself until it takes into account all the inflation since the last run,let me see I think that was 1974 when gold was $116.00oz .Let me see I think thats about 500 % inflation since then..We start at 1300 per oz X 5 =$6500 price per oz ,maybe $100 for silver and we got about 3 years inflation  to go from here ..with the current spending pace ..by  end of this run $10,000 gold and $200 Silver dosent seem unusual at all…Before its over the GOLD price will adjust itself for all the previous inflation…YOU can measure everything against real money .Whats the DOW GOLD RATIO ? will it go equal again ?

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.