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.
Labels:
comparisons,
gold
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