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| As for gold needing $12,000 oz to keep up with inflation, I think that computer needs a reboot.
Around here, 150 oz would buy you a nice chunk of land in the mid to late 1970s or house, or what ever asset. And now about 100oz would do that. So if the computer is saying that only 25 oz is needed to buy those same assets in late 70s as also today, I think me and the computer have a very different idea of how gold and inflation work. | |
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US GDP Stagnant – Q1 2025
