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Originally Posted by Tdog
This shows how undervalued gold is today compared to the high in 1980
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Quit drinking the kool-aid man.
For gold to ever reach those kinds of levels again we would need hyper-inflation like we had back then. The fed isn't going to let that happen, they're still raising rates in the face of a slowing economy because they're such inflation hawks.
The only people who will tell you that gold is a good investment are either A) Trying to sell you gold, or B) Have been convinced to buy gold and are trying to justify their decision.