One very revealing fact I heard recently: If you compare the current price of oil to its price in gold....its price has hardly changed at all in the last several years.
It’s the paper irredeemable dollar that has sunk....not oil that has risen so much.
Exactly correct. Gold is a store of value....a store of purchasing power. Those who own gold do not pay “the inflation tax” the FED likes to inflict on an unsuspecting public.