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Croesus I

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Croesus I

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Re: NYBob post# 16325

Friday, 12/19/2014 2:09:13 PM

Friday, December 19, 2014 2:09:13 PM

Post# of 44399
That is an excellent chart. (the russian ruble)

Thats what happens when there is a currency devaluation. GOLD even though it appears to be doing nothing on the charts right now - will always hold its value.

GOLD can continue to sink, but relative to other currencies that are being devalued, again GOLD will prove its value.

Other currencies for the most part are just pieces of paper, that over the long term decay (inflation or deflation).

GOLD will always hold it value... and it has just been doing that for well over 5000 years...
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