Loading ...The Dollar back in 2000 was worth $250 per ounce of gold, today gradually the sick and dying Federal Reserve Note needs over $1800 of them to exchange per ounce of Gold. The original US Dollar was turned into a Fed Res Note was simply over produced, its old and worn out and loses value over time and everybody KNOWS that.
So over time people with money simply converted it to Stocks Bonds and Real Estate as a replacement for “money” but those things are not ideal money replacements. They are like uninsured “bank accounts”. And if the people start “withdrawing” their funds, cashing out in panic mode, the Dumb/Ass Fed Notes will GAIN value. Against Stocks Bonds and Real Estate.
The future is always a surprise. And widely held opinions, are generally wrong. So all this talk about massive inflation, can very easily turn into a massive deflation in Stocks Bonds and Real Estate. Then the masses will see gold and silver climbing and panic into those options. In my lifetime, I saw $1000 bags of junk silver coins buy a house. The Bags were $25000 and houses were $25,000. Some were $40,000. The Bags peaked at $37,000. $740,000 in todays Feeble Reserve Notes.