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drbilldean@gmail.com's avatar

The price of gold is a reflection of the dolllar's purchasing power The reason that gold is up is because the purchasing power of the dollar is going down and hence spiraling inflation Essentially gold is money with no counterparty risk Even though the price of gold fluctuates over a long period of time it holds steady with respect to the price of a barrel of oil

For good reading James Turk https://bit.ly/429h7WE

For good listening Alasdair Macleod https://bit.ly/4ltMaEe

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