The price of gold has climbed up almost $400 since the beginning of the year.
>>1420178
Fiat currencies devaluing in respect to gold due to all the stimulus
Increased demand due to uncertainty
Sure what's your point?
>>1420178
$300* let's hope it keeps going up but not too fast, I want to accumulate more gold and silver at these low prices.
Seems volatile my friend, i wouldn't trust my money fluctuating in value that much.
>>1420193
You'd rather trust monopoly money?
>>1420195
Good news, the dollar has collapsed and walmart is only taking gold and personal checks from Ron Paul now. Savvy investing!
>>1420178
peak of the bull trap
>>1420195
If the US dollar collapsed Gold isn't the thing you'd want to have.
>>1420278
it's exactly the thing you'd want to have tho
>>1420290
I think anon is implying that it in the event of a total economic meltdown and complete social anarchy, it makes more sense to invest in something tangible and utilitarian like food, weapons, bullets. Like how in some of the recent conflicts around the world people were literally selling their bodies for old cans of Russian Spam.