When doing these types of calculations Random, gold should be given a value of 1. Everything else varies in relation to that. To believe otherwise shows a lack of understanding of money and fiat currency. There have been periods of British and American dominance of world affairs in which gold pegs have artificially propped up the currencies and the values of assets measured in them. It also eliminated the concept of holding gold as an investment so distortions were introduced then too. But over thousands of years it (and silver) have been the only constant, but in the long run we are all dead so does it matter? If you have all your investments in gold you will starve to death anyway.
TODAY I believe gold is the standout SAFE investment. Other assets may outperform it but with real risks. It will become even more volatile in the short term though so it will keep anyone with a short term view awake at night. I sleep well because I am not looking to sell on peaks and buy the dips. What I have I hold.
TODAY I believe gold is the standout SAFE investment. Other assets may outperform it but with real risks. It will become even more volatile in the short term though so it will keep anyone with a short term view awake at night. I sleep well because I am not looking to sell on peaks and buy the dips. What I have I hold.