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<p>[QUOTE=&quot;-jeffB, post: 26405422, member: 27832&quot;]Sorry, not seeing it.</p><p><br /></p><p>Gold has nearly doubled since the beginning of 2023. We&#039;ve had some inflation during that time, but prices in general have nowhere <i>near</i> doubled.</p><p><br /></p><p>And from its peak in 2011 to its bottom in 2015, gold <i>dropped</i> by over 40%. Do you remember a similar drop in prices during that same interval? Because I sure don&#039;t.</p><p><br /></p><p>Gold is a <i>commodity</i>, not a sacred currency, even though enough treat it as the latter to give it some extra lift. Its price <i>fluctuates</i>, chaotically.</p><p><br /></p><p>Of course, if you <i>want</i> to say gold is the only true measure of value, you <i>can</i> say that the dollar is moving down and up, instead of gold moving up and down. It just gets really silly trying to track <i>literally everything else denominated in dollars</i> &quot;getting cheaper&quot; as the price of gold spikes.</p><p><br /></p><p>And if you want to say <i>PMs</i> basically keep pace with inflation, you need to explain how an ounce of gold was worth 120 ounces of silver in late 2019, then less than 70 ounces of silver by the beginning of 2021...[/QUOTE]</p><p><br /></p>

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