By smaulgld follow Jun 19, 9:42am 1 link 144 views 3 comments
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So basically it keeps up with inflation over time on the average. Not a big surprise.
yes no big surprise at all- people expecting it to skyrocket or become worthless are off base
people expecting it to skyrocket or become worthless are off base
Not entirely true. Gold and Silver are historic hedges against bank controlled economies. When confidence in the economy drops, price rise, when confidence is high, prices wane. Also, gold is not "keeping up" with anything. It's merely a reflection of lost value as the dollar continues to be printed ad-nauseam. This stick in gold/silver, not the other way around.