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Gold will be hitting all time highs forever when your measuring stick is an inflationary currency. So long as your investment horizon is on the scale of years
by anonporridge 3y ago
Gold will be hitting all time highs forever when your measuring stick is an inflationary currency.
So long as your investment horizon is on the scale of years and decades, it's never a bad time to buy an asset with constrained supply in exchange for paper that's constantly being debased.
When your ruler is getting shorter every year, you'll never stop growing taller.
- Dylan16807 3y agoGold is almost at an all-time high when adjusting for inflation. If it lost 2/3 of its current value that wouldn't even be very notable, pretty middling as far as historical value goes.