Posted 10/31/2014 11:26 (#4153706 - in reply to #4153680) Subject: RE: yardstick gets shorter by an inch every year
Interestingly, this appears to be one of the main things that killed Rome (according to my reading). The same thing that will probably cause us to tank. Pensions.
John, I have no problem with your reasoning. You have always made it very clear why you buy gold. And you have always made it clear that, since you are a long term investor, you like to see gold cheaper than you expected to buy it for.