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To: delta7

Question I have is why are so many gold companies yelling that the money is “no good” and you need to buy gold and silver! And what do they want in exchange for their gold and silver? That very money they say is “no good!”

Note. Between 1880 and 1960 the cost of everything doubled in 80 years. 100% inflation.

Between 1960 and 2024 the cost of everything has skyrocketed. We now have over 900% inflation in 64 years.

What cost $100 in 2020 now costs $120.


8 posted on 04/03/2024 8:12:42 AM PDT by Ruy Dias de Bivar
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To: Ruy Dias de Bivar

Question I have is why are so many gold companies yelling that the money is “no good”
——-
You answered your own question. Pull up the USD chart from 1920’s and compare it to the same timeframe in Gold. Fact is the USD now buys 3 percent ( a 97 percent drop) of what it did in the 20’s.

As for your claims, I don’t see large retailers making your claim. Treating PM’s as financial insurance is prudent. Money is not going away, Trade has and will always continue….right up to “ the End”….even with the evil one’s cashless system.

As a millionaire ( way back when) once told me, paper money is for spending, gold is your storage of wealth.


12 posted on 04/03/2024 9:11:43 AM PDT by delta7
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