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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2423110, member: 71510&quot;]I don&#039;t trust them with anything - particularly something of high value.</p><p><br /></p><p>Gold is an international store of relative value.&nbsp; If you look at it with FIAT currency and purely from an American standpoint, some of these points make good sense.</p><p><br /></p><p>When you look at the global economy, gold is an equalizer of some sort.&nbsp; As nations and their currency go up and down in value, so does their relative value of currency to gold.</p><p><br /></p><p>A nation getting weaker stockpiles gold to gain a foothold on their own inflation (i.e. Greece).&nbsp; </p><p><br /></p><p>A nation with a good foothold stockpiles gold - that drives prices up (i.e. China) although China is cooling as of late.</p><p><br /></p><p>So to me it&#039;s a comparative equalizer. How much stored - how much being acquired, and how strong their currency is.</p><p><br /></p><p>All I know is that with the massive inflation we&#039;ve seen in this country (cost of same goods/services increasing) we are seeing a massive devaluation of our currency.&nbsp; A dollar ain&#039;t what it used to be.&nbsp; So gold and silver are going to go up.</p><p><br /></p><p>Taxes, healthcare &amp; benefits, minimum wage increases, regulatory costs - all driving the prices up.&nbsp; That&#039;s inflation.[/QUOTE]</p><p><br /></p>

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