Well, from 1980 a gold investor had to wait a very long time to break even, and might not be even today when you factor in inflation. But even 10...
It's a perfect baseline because it demonstrates how illogical it is to say that the value of gold never changes. For that to be true, the price...
I don't disagree, but I can't say the price would change much. Maybe it would just be more volitile due to the reduction in liquidity.
One more soul saved! :thumb:
Since we were discussing how gold has a constant value and that it is money, one would use common sense and assume that we were demonstrating that...
I think that even if by some miracle the budget is balanced without economic chaos, the debt that has been built up will never be repaid and at...
Do the math. If the price of gold is rising faster than the price of goods and services in the economy, then there is massive deflation in terms...
Putting it toward the debt is a waste of the asset. Congress will just spend more. The debt will be defaulted at some point in the future --...
Perhaps because it would create a security problem to permit people to visit Ft Knox and learn about the layout, security measures, etc. One can...
No, there is no evidence that the gold in Fort Knox has been removed or that it has been tampered with. It's just another urban legend. And...
I agree that gold may be over or undervalued, but it isn't because of any defect in the market. Markets fluctuate because that's what they are...
You indicated that changes in the price of gold are due to changes in the value of the dollar. So the only way to interpret this is that if the...
Inflexion says you are wrong, so I'll leave it to the two of you to figure out which gold dogma is correct. It takes much less gold to buy...
I think the old story is that an ounce of gold will always buy a men's suit of clothes. Except that in 1980 the suit was from Brooks Brothers, in...
So much for Tinpot's manipulation theories... It's a house of cards for the gold bugs, and you can't have it both ways -- gold never changes in...
I use it in the sense that investors have always tried to profit from price fluctuation in every asset category, and sometimes initiated the...
Who is the manipulator? The central banks buying gold? The central banks selling gold? The hedge funds long gold futures? The hedge funds...
Sorry, Tinpot, but Hitler, gun law, terrorism and what you "know" but can't say don't count as evidence that gold is money and not a commodity....
The obvious answer is that gold is a commodity and acts like a commodity. No grand visions of manipulation, aliens and conspiracies are necessary...
I think your argument is easily refuted. Gold is up more than 6X in price denominated in USD over the past dozen years ago. Are the prices of...
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