Quote:
Originally Posted by slapass
So whenever it can't buy that it is a good deal. See a few years ago and it is fairly valued now? Would have made a lot of sense except you picked to times that proved the point and ignored data that didn't.
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When did I ignore anything?
I'm sure the same could be said in medieval times, or during the reformation, or during the U.S. Civil war.
Gold's pretty much maintained its value in regards to goods, was the point.
Sure, it could fluctuate in apparent value from year to year... but I'm betting inflation and other market forces will balance things out in due time... and, your great-grandchildren will be able to take an ounce of gold - and, with it, buy a nice suit, a nice belt, and a nice pair of shoes.