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A straight comparison with one single precious metal? Probably because by that straight comparison, that $200 would have been $120 just two years ago. Maybe next year it'll be $100. The price of gold bounces all over the place depending on political conditions and dozens of other factors.
He’s retarded. I know boomers had it easier but I’ve already argued with this idiot. He converts literally everything through gold and not purchasing power. Ignore him.
It was $1800 in 2011. Then $1050 in 2015. Now it's up to $1900. When was the last time that the maximum price in a year was less than 15% higher than the minimum price for that year?
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[–] everef 1 point 2 points 3 points (+3|-1) ago
A straight comparison with one single precious metal? Probably because by that straight comparison, that $200 would have been $120 just two years ago. Maybe next year it'll be $100. The price of gold bounces all over the place depending on political conditions and dozens of other factors.
[–] Nukeisrael 1 point 2 points 3 points (+3|-1) ago
He’s retarded. I know boomers had it easier but I’ve already argued with this idiot. He converts literally everything through gold and not purchasing power. Ignore him.
[–] Unreasonable ago
No it doesn't.
Beeg pretty much an upward trajectory since bretton woods
[–] everef ago
It was $1800 in 2011. Then $1050 in 2015. Now it's up to $1900. When was the last time that the maximum price in a year was less than 15% higher than the minimum price for that year?