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<p>[QUOTE="InfleXion, post: 2661531, member: 29012"]Does it really make since to pick an anomalitic high point as your baseline? If you started in Y2K you're doing pretty well right now. Gold is up about 4x. People always say a gold coin bought you a nice toga in ancient Rome and a nice suit today.</p><p><br /></p><p>It's safe from inflation, because gold has no other purpose other than to reflect the value of the money supply. Silver is an industrial metal, but gold is only monetary/jewelry (same thing IMO), because its industrial uses are too expensive to be viable except in small quantities or special cases. That's why the price of gold matters.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2661531, member: 29012"]Does it really make since to pick an anomalitic high point as your baseline? If you started in Y2K you're doing pretty well right now. Gold is up about 4x. People always say a gold coin bought you a nice toga in ancient Rome and a nice suit today. It's safe from inflation, because gold has no other purpose other than to reflect the value of the money supply. Silver is an industrial metal, but gold is only monetary/jewelry (same thing IMO), because its industrial uses are too expensive to be viable except in small quantities or special cases. That's why the price of gold matters.[/QUOTE]
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