- Price of gold, 1851-2010, in constant 2010 dollars (Motley
Fool)
- Price of gold, 1974-present
(https://goldprice.org/gold-price-history.html)
Gold is in a huge bubble. If you buy gold, you will end up losing
around $1,000 per ounce.
Would that be $1000.00 (per oz) in 2010 dollars?John wrote:** 22-Jan-2020 World View: Price of gold
[im g]http://Media.GenerationalDynamics.com/w ... 01107b.jpg[/img]
- Price of gold, 1851-2010, in constant 2010 dollars (Motley
Fool)
[im g]https://goldprice.org/charts/history/go ... _usd_x.png[/img]
- Price of gold, 1974-present
(https://goldprice.org/gold-price-history.html)
Gold is in a huge bubble. If you buy gold, you will end up losing
around $1,000 per ounce.
Yeah,.. by definition.Tom Mazanec wrote:Wouldn’t there be a ceiling on gold, where you can mine even poor ores to get it cheaper, or even mine sea water?
Actually, that may not be true. There will be people who will tellGuest wrote: > Are you going to eat your gold when you can't get food at the
> store?
> We don't live in a civilization where everything is localized and
> you'll be trading your local farmers with gold.
> Nobody is going to be trading off cans of food for gold
> coins.
Mad Max. Okay, I get it. That would be the end of most techno dependent people on this planet. You can't take smartphone zombies and make them into nomadic herdsmen overnight. 99% will die.John wrote:** 23-Jan-2020 World View: Trading gold
Actually, that may not be true. There will be people who will tellGuest wrote: > Are you going to eat your gold when you can't get food at the
> store?
> We don't live in a civilization where everything is localized and
> you'll be trading your local farmers with gold.
> Nobody is going to be trading off cans of food for gold
> coins.
you, "Oh, so your kids are starving and one is close to death, and you
have some gold coins? Wellllllll, I have a deal for you. I'll give
you a can of beef stew for each gold coin you give me."
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