The menancing crash of the U.S. will come after a long time period of debasement. Where it will end no one knows or can determine. It is anyone’s and any currency traders guess or estimate. This is uncharted territory. The U.S. dollar has always been considered as ” good as gold” or even better than gold as a store of wealth.
Generally the route is that the more dollars are printed with a stable non changing pool of gold gold’s piece of the pie increases. The same gold vs more deflated dollars. Although the price of gold remains the same in real terms, the value of each dollar or dollars is deflated. More pieces of paper buy the same item as before the dollar was cheapened and devalued. Welcome to the world of inflation. More dollars chasing the same amount of product.
The general rule of thumb historically , that as a value measurement “basket” of value and valuation that one ounce of gold generally sells at a price equivalent to a man’s well made suit. A high end well suit generally sells for $ 3,000 each. A similar comparison of gold can be made with oil, oil is now trading in the range of $ 100.
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