FinancialAdvisor's College Class (FACC)

[flota]

Not really. All this proves that is that gold crowd is afraid thant inflation will be higher than average. Don't worry I think big boys will sell off gold when the time is right.

If it wasn't for the currencies your precious gold would be trading at 35 bucks and don't forget bretton woods agreement.

I think the Fed was targeting lending and real estate prices with the QE which has not been working.


Ok with regard to your gold which is such a great store of value. a car in 1980 was about 8K to buy. It costs about 28K to buy one.

Gold was around 800 in 1980. It is 1400 now. This kind of return is pretty pathetic for 30 years, don't forget to take into account storage fees, etc.