Paper dollars were fabulous investments in '29. The Depression saw 30% deflation in a few years. Bucks under the mattress were one of the best things one could have, at least in the U.S., and certainly better than the 20s version of penny stocks.
I've heard these same arguments since 1980 when metals soared (silver to $50!)and collapsed.
I'm all for intelligent economic debate. But what remains on the metals boards are a handful of conspiracy nutcases that seem to get wackier with every new high of the stock market.
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