Maybe it's a white hat signal that it's time for gold to end the fed as Q told us. I have 100% of my investments in physical silver and mining stocks so I'm ready for much higher prices too.
It's real adjusted buying power is at least $10,000. $1998 is nothing. Hopefully you have real physical gold and not stock. If its stock you own, I recommend selling it now and buying real silver (best investment) or gold (still a really good investment).
Mining stocks maybe. If you don't want too much physical in your house and have a lot of extra cash, its probably as good a place as any, and better than many. But in your hand, physical metals are the most likely path into some form of wealth after the fall of the fiat money system.
That's a model based on debt, not past buying power. If you do a historical analysis of real buying power (from early history of money through late 1800's) it comes closer to the 10k/oz range in todays money.
That's nice but I would like it back up to 1998, or wherever it was when it started being taken down.
Maybe it's a white hat signal that it's time for gold to end the fed as Q told us. I have 100% of my investments in physical silver and mining stocks so I'm ready for much higher prices too.
It's real adjusted buying power is at least $10,000. $1998 is nothing. Hopefully you have real physical gold and not stock. If its stock you own, I recommend selling it now and buying real silver (best investment) or gold (still a really good investment).
Mining stocks are fine. Its the paper certificates for bullion that will be worthless.
Mining stocks maybe. If you don't want too much physical in your house and have a lot of extra cash, its probably as good a place as any, and better than many. But in your hand, physical metals are the most likely path into some form of wealth after the fall of the fiat money system.
Ive been buying physical precious metals since my first job after college in 1984. Storing it really does become a problem after a few decades.
Sometimes I feel like a pirate. Arrrgh matey.
Dave at X22 Report says the real price would be $37,000 per ounce.
That's a model based on debt, not past buying power. If you do a historical analysis of real buying power (from early history of money through late 1800's) it comes closer to the 10k/oz range in todays money.