to bugs - - there must be a better way!

  1. dub
    29,542 Posts.
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    Hi bugs et al,


    Quite obviously, I believe that gold is going to soar in value in the years ahead.

    Gold will go to US$400, $500, $1,000 or even $5,000, but that may all prove meaningless if the US$ is simply collapsing .... and the US$ is in imminent danger of tanking!

    And yet we are accustomed to value gold by its cost in US$ - that's simply how it is done.

    There must be a better way.


    I suspect one way might be to continually value gold against the DJI, or the S&P 500, or the Russell 2000 - I don't know if that would be any better but I feel it would.

    Any suggestions ?

    TIA.

    bye.dub

    (By the way, IRJones' post #67603 makes a lot of sense to me. I perhaps might quibble over the values he uses, but his argument is very valid IMO.)



 
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