Even now, you quite often see clueless economists say that the Dow has outperformed Gold prices significantly over time. This is untrue except in NOMINAL value.
Yes, the numbers are more, but these “analysts” fail to grasp the continual erosion factor, the destruction of the buying power of their favourite paper over time.
The excellent Dollardaze site have a great post up on the purchasing power of Gold vs Paper over time, we highly suggest you visit and read the full article after you’ve looked at some of their pretty pictures here..
today …
US Dollar purchasing power
UK GBP purchasing power
Gold Purchasing power
| Supply Fold-Increase | Change in Unit Value (%) | |
|---|---|---|
| Gold | 1.8 | +310.4 |
| CHF | 3.8 | -23.7 |
| JPY | 15.9 | -25.4 |
| USD | 16.8 | -81.1 |
| CAD | 15.4 | -84.4 |
| AUD | 33.5 | -88.2 |
| GBP | 12.6 | -88.3 |
Do yourself a favour, get started buying Gold now, and get a FREE Gram!
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