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<p>[QUOTE="fools_gold, post: 1035717, member: 20669"]That is quite amazing indeed! I've read how NEW cars used to cost $5K-8K and these weren't chump cars either, like you said, Mustang! With that said, future generations are probably going to look at buying a Honda Civic for $25,000 - $30,000..... and your average higher end BMW/Mercedes probably just under $100K..... I mean, it can't really go in reverse, it seems once we took this road, it's the road paved......</p><p><br /></p><p>New mustangs will never be $5,000 again....that's my rational for buying silver/gold. If it costs this much to purchase cars, why would something more rare like PM's go down in price?</p><p><br /></p><p>Anyways, there's only so much we can with preserving our wealth. Unfortunately we are all paid in devaluing USD's....perhaps that is when the "velocity" will occur with our money. The speed at which the USD is moved from one hand to another....we get paid, and quickly want something else in return.....no one wants to be caught holding onto too much USD's.....[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1035717, member: 20669"]That is quite amazing indeed! I've read how NEW cars used to cost $5K-8K and these weren't chump cars either, like you said, Mustang! With that said, future generations are probably going to look at buying a Honda Civic for $25,000 - $30,000..... and your average higher end BMW/Mercedes probably just under $100K..... I mean, it can't really go in reverse, it seems once we took this road, it's the road paved...... New mustangs will never be $5,000 again....that's my rational for buying silver/gold. If it costs this much to purchase cars, why would something more rare like PM's go down in price? Anyways, there's only so much we can with preserving our wealth. Unfortunately we are all paid in devaluing USD's....perhaps that is when the "velocity" will occur with our money. The speed at which the USD is moved from one hand to another....we get paid, and quickly want something else in return.....no one wants to be caught holding onto too much USD's.....[/QUOTE]
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