Discussion in 'Bullion Investing' started by fretboard, Jun 24, 2020.
Here's another video, courtesy of Kitco with another prediction!
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Eventually gold will be $3k, and $10k, its just a matter of how many years.
hopefully spent last two years loading up from stock account!
Will a loaf of bread or 1/2 gallon milk still be 2-3 dollars, I rather doubt it.
Well I'm hoping gold goes up to at least $2200 within the next 3 years, I don't think the buying power will change that much in 3 years. If were talking about 10 years, that may create a problem!
Gold basically tracks purchase power long term. Some good become cheaper or more expensive over time, but $20 in 1900 is about $1800 today depending on the item being purchased. The old saying is $20 would buy a fine suit in 1920, the same coin still will.
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