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...fluctuate wildly for the foreseeable future like the value of gold has done and is doing. The value of gold as measured how? Do you mean the price of gold
by nardi 13y ago
...fluctuate wildly for the foreseeable future like the
value of gold has done and is doing.
The value of gold as measured how? Do you mean the price of gold in USD? Isn't that more indicative of the price of USD, and/or the price of cash vs. commodities?
- aidenn0 13y agoNo, since gold has varied far more in value than any inflationary/deflationary measure of USD.
- nardi 13y agoHow are you measuring gold's value?
- aidenn0 13y agoInflation adjusted dollars.
- nardi 13y agoInflation isn't the only thing that affects the value of USD. UDS's perceived value fluctuates with regard to investors' value perceptions of other currencies, commodities, etc. Edit: If you think that USD has a fixed value, you are mistaken. You may use it as your reference point, but that just makes you blind to the fact that the perceived values of all currencies and assets are fluctuating all the time. There are some which are more closely tied together, and some which are less.
- aidenn0 13y agoI still stand by the statment that gold is more volatile than the USD. [edit] I have not done the analysis, but would wager that gold measured against a basket of goods or currencies is more volatile than USD similarly measured.