Thursday, November 09, 2017 10:08:57 AM
Since 1971, the dollar has lost 80% of its purchasing power vs. a generic basket of goods.
In 1971 it took $35 to buy 1 oz of gold.
Today it takes $1271.
That’s a 97% decline in the purchasing power of the dollar vs. gold.
Here’s the funny thing about the dollar’s eventual fall to zero (per
Voltaire and history), the last few percentage points before a fiat
currency completes its collapse will produce the biggest nominal price
rise in gold.
Just look at Weimar Germany as an example. In January 1922, an ounce of
gold was worth 1,000 German marks.
By November 1923, when the mark collapsed, an ounce of
gold was worth 100 trillion marks.
(please note: The underlined words are 'clickable' links when accessed via the link below)
http://investmentresearchdynamics.com/gold-and-silver-something-different-is-occurring/
https://investorshub.advfn.com/boards/replies.aspx?msg=135885295
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136044138
God Bless
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