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/biz/ - Business & Finance

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20700579 No.20700579 [Reply] [Original]

if prices go up
or if the dollar is just about collapse

>> No.20700646

You are correct, gold has been going up beyond dollar devaluation though. Once the dollar bottom drops out people will scramble for anything tangible and real. That’s when gold and in particular silver moons and crypto plummets.

>> No.20700731

>>20700646
but you do realize that an oz of gold in 2011 for $1900 was much more valuable than today at $1900?
yeah sure you could argue b-but 1 oz is 1oz.
bullshit.
the truth is in 2011s money 1 oz of gold is probably still around $1500, so when we reach $3000 or $5000 we pratically paint a double top.