I'd trust a banker over a politician !! :D
You can't "take" pension assets -- unless you are the Teamsters, UAW, or AFL-CIO. :wideyed::mad: Then you can rip them off and have the...
You wouldn't like it. :D True, in the aggregate the price level was steady for many decades. But the loss in GDP output and all the "panics"...
But that is the problem !! As with the gold standard in the past and bank runs in the present...it is precisely during troubled times when you...
I'm pretty sure I didn't pay anywhere near that premium, I'm sure of that. I'm travelling now, will check upon return.
In this case, you have had wide retail participation through ETFs, gold coins, bars, etc....for YEARS. It's not the institutions and so-called...
Maybe but ETFs have seen outflows the last few months as gold has risen. True. Yup !! :D
REAL intertest rates historically have inversely correlated with gold -- but not lately, as the rise in real rates since 2022 should have knocked...
No, it's a PF70 DCAM but I'm not sure what year. I believe it is a 2015. Got it at FUN 2020.
As for liquidity....for the SMALL investor with a few dozen/hundred coins...liquidity is not an issue. For very wealthy individuals, then an ETF...
I have tons of pics that show that Peak Gold and slowing supply growth are leading to rising prices. You're better off buying at $2,200 an ounce,...
$30 in coins ? :D
Is that premium particular to 1993 and that size coin ? I think I have a 69 or 70 DCAM 1-ouncer and I know I paid spot give or take a small %,...
But OTOH...gold is only up about 175% from the 1980 peak in 44 years. Starting and ending points matter...and if you use rolling time periods,...
Even if you triple your investment, is it really worth it ? :wideyed:
Can NOT go back on the Gold Standard....if you read about how the Gold Standard DID work from 1870-1913 and how it did NOT work from 1920-1936...
It will do what it is going to do, but it's had plenty of chances to get smashed: rising rates...rising REAL rates...falling...
Here's Bernanke's review of the book. If you want others, let me know I can post them here.
There are some very good scholarly journal articles on the gold standard and the Depression, which you can find for free. Some are paid or...
Separate names with a comma.
