remember that those dollars will be inflated dollars, it doesn’t mean the gold will be worth more.
Discounted cash flow.
Yes but the debt I have now in dollars is not going to change as long as I don't add to it and I can pay it off with the money from my investment in gold.
Gold will hold it’s value as the dollars become worthless. I am not a gold bug.
Thanks to idiots who watch TV which enables the muslim and Islam - the U.S. dollar and probably America are finished. The elites and Islamics can control the idiot masses with TV. Sports fan idiots are the easiest sheep to control in between the “dumb white guy” commercials.
not exactly correct
although gold could move from $1300 to $4000, and the dollar had devalued thereby resulting in radically increased prices for everything. this would mean that gas would jump from $2.50/gal to about $7.50/gal. then again, salaries could jump from an average of $50,000/yr to roughly $150,000/yr. all this due to the radically reduced value of the dollar.
of course, fixed debts secured PRIOR to the inflation would not change.
thus, if you were to grab a 30 yr note NOW for $500,000 @ 5%, you would be paying $2,684/mon. this might seem tough when only making $50,000/yr now, or about $4,166/mon. but if your salary were to increase with inflation, it would be around $150,000/yr, or $12,500/mon. this would make paying your fixed rate mortgage fairly simple.
all assuming you could still find work as companies would be struggling to find enough capital to operate.
which is when the problems really start...
Yes and no, if it keeps up with inflation then it will at least keep its worth and a heckuva lot better than US dollars.