Thursday, July 12, 2018

Gold Comparisons

It's irrelevant what the financial elite say about gold. They'll call it a "financial asset." Yes, but it's also sound currency. So when you compare its "return", compare it to the store of value for fiat currency, not just against equities, bonds, or real estate. Gold compares well to the latter three, but it trounces cash, which has been persistently debased by all central banks of the world.

Another Billionaire Warns "We're Running Out Of Gold"

Peak gold is here.  Buy physical gold.  Not synthetic paper gold.

https://www.zerohedge.com/news/2018-07-12/another-billionaire-warns-were-running-out-gold