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Gold also has no fed to 'inject' money. It does have miners though. It has not crashed and appears to be more stable that fiat currencies, not less. (not a b
by aero142 15y ago
Gold also has no fed to 'inject' money. It does have miners though. It has not crashed and appears to be more stable that fiat currencies, not less. (not a bit coin or gold standard fan here, just confused.)
- william42 15y agohttp://upload.wikimedia.org/wikipedia/commons/2/20/US_Historical_Inflation_Ancient.svg http://upload.wikimedia.org/wikipedia/commons/2/20/US_Histor... If you look at this, you can see that gold is more volatile and spiky.
- jquery 15y agoWe can disprove that pretty quickly and easily: show me a broad basket of goods that costs the same in gold ten years ago as it does today. Or tell me this: did everything suddenly go on sale or shoot up in price when gold recently shot up and then dropped 10-15%? No.