Gold vs Dollar

2009 December 8

Australian GOLD nugget

Australian GOLD nugget

Thinking of owning some gold?

Look where we are now.  A study of the US market prices & US govt statistics from 1910, 100 years ago, shows the USD$ has LOST:
1) -98% of it’s purchasing power in gold
2) -95% of it’s purchasing power in silver
3) -95% of it’s value against the platinum metals
4) -92% of it’s value against the base metals
5) -97% of it’s value against energy commodities
6) -97% of it’s value against a basket of the major fish harvested
7) -90% of it’s value against a basket of the major ag products
8  -96% of it’s purchasing power to feed a family of 4

Australian GOLD nugget

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2 Responses leave one →
  1. December 9, 2009

    Paper money is a lie. Imagine trying to play monopoly with your friends, saving up and buying property the legitimate way, while the banker and his close friends are allowed to use a photo copier to print more bills and exchange heavily leveraged debt instruments to create an unlimited (and unregulated) supply of money. Not exactly fair is it.

    Silver coins

  2. December 9, 2009

    People, just stay calm, go out and find (hopefully) gold and silver and BUY IT! Then just wait (it won’t be too long) and you will be VERRRRY glad you did.

    Australian gold nuggets

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