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Gold is hard money.
Dollars are not (as the Fed prints more, they become worth less over time).
If you had been paid in gold as a minimum wage earner in 1971, that would be the equivalent of 1.83 oz of gold back then.
If you were paid the same 1.83 oz of gold per week today, that would be the equivalent of $10K per week, or over $250/hr in today’s dollars.
Or said another way, “Gold is not going up in value, the dollar is going down.”
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