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<p>[QUOTE=&quot;medoraman, post: 1960026, member: 26302&quot;]But that is never, ever the point. Never. Anyone who ever says &quot;I would rather have $100 worth of gold in 1950, 1930, 1855, etc over a $100 today is simply making a &quot;Duh!&quot; statement. Of course you would, so would I, so would every single person on earth who understands the nature of modern economies. Currencies are designed to inflate over time. Since gold pays zero dividends, it has to go up with inflation over time to simply retain its purchasing power. Therefor, of course over time an ounce of gold will be worth more nominal dollars. Same could be said of oil, would you rather have a barrel of oil today or the $4 it was worth in 1960? That is a no brainer. Now, would I rather have a barrel of oil today or that same 1960 $4 invested in bonds or the S&amp;P Index? I am betting, (especially assuming accounting for dividends), that the stocks would be worth more today than that barrel of oil. </p><p><br /></p><p>So PM is fine for maintaining your purchasing power long term. We agree to that. Does it really grow more than inflation? Most analysis says no, so any money &quot;invested&quot; in pm is not really an &quot;investment&quot; at all, its putting money aside in case of an emergency, knowing it most likely will not grow at all is real purchasing power. What you could have bought in 1975 for an ounce of gold is what you can buy with an ounce of gold today. That is all you are protecting.</p><p><br /></p><p>Btw Stalepie, I believe we all agree women will wish to wear jewelry in the future. Who says it will be gold they desire though? Rich women in some countries today would not be caught dead wearing something as cheap as gold, preferin instead platinum. I would not wish to bet my financial future on women&#039;s fashion tastes alone. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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