For whatever reason, some people don’t believe that gold has been a stable store of value over time.
Although I’m no goldbug, the stable purchasing power of this precious metal across millennia is to be commended.
👇🏼
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If I recall correctly, the rough % of gold mined over time is pretty close to being in line with general population growth. Would keep the “dilution” about the same.
Does this sound right or am I off my rocker?
Correct, and nearly all of us "psychos" would be militant goldbugs if not for orange coin.
I believe, The gold to property ratio, is so far out of alignment.
WTF Happened In 1971?
WTF Happened In 1971?
https://inflationdata.com/articles/2022/08/10/u-s-cumulative-inflation-since-1913/ "I don't believe we shall ever have a good money again befo...
Serves as a good reminder what to use as denominator.