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<p>[QUOTE="-jeffB, post: 3696726, member: 27832"]I've even heard it extended to togas in Rome. But did nice suits <i>really</i> go from $115 in 1976, to $600 in 1980, back to $300 in 1984, down to $250 or so in 2002, then up to $1800 in 2011, back down to $1100 in 2015, and now back up to $1500?</p><p><br /></p><p>Over the very, <i>very</i> long term, gold is probably more stable in value than greenbacks. (<i>Probably</i>; I can still imagine scenarios that would take it down to a fraction of its current pricing.) But over the very, <i>very</i> long term, it seems foolish to park value in gold instead of something that generates returns.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3696726, member: 27832"]I've even heard it extended to togas in Rome. But did nice suits [I]really[/I] go from $115 in 1976, to $600 in 1980, back to $300 in 1984, down to $250 or so in 2002, then up to $1800 in 2011, back down to $1100 in 2015, and now back up to $1500? Over the very, [I]very[/I] long term, gold is probably more stable in value than greenbacks. ([I]Probably[/I]; I can still imagine scenarios that would take it down to a fraction of its current pricing.) But over the very, [I]very[/I] long term, it seems foolish to park value in gold instead of something that generates returns.[/QUOTE]
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