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Are we being set up for a $US Dollar devaluation??

Posted by silverngold @ 18:05 on October 3, 2014  

Just curious and thinking out loud?

Sell all your gold and say you have $100,000 fiat US dollars!!

Put it in the bank or under the mattress!!

Then the $USD gets devalued, say by 75%, and overnight you take the hit and have $25,000 purchasing power left.


Keep your gold.

And you have 100 oz gold that was selling for $1000 oz before devaluation of the $USD.

After devaluation it is still 100 oz selling for $4000 oz X 100 oz = $400,000 and maintained your original purchasing power.


I’m not the brightest bulb in the house, so,What am I figuring wrong here?? Anything??              Silverngold

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