[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.15415560 [View]
File: 22 KB, 450x311, gold_10_year_o_usd.png [View same] [iqdb] [saucenao] [google]
15415560

>>15415502
>How the fuck is it less stable than a USD?
I've explained already. Feel free to take a look at the price of gold. The US Dollar declines in value at about 2%-3% compared to CPI. That's pretty reliable.

Has the US Dollar ever declined by almost 50%, in four years? See attached chart. It went from around 1900 (in 2012 dollars) to around 1050 (in 2016 dollars). Even during the super-volatile 60s, 70s, and 80s, the US dollar never was that volatile.

>Because it's rising constatly compared to it?
Long-term, Gold has outperformed Dollars. That doesn't make it more stable in the short-term or medium-term, retard.

>> No.15192612 [View]
File: 22 KB, 450x311, 1536745963994.png [View same] [iqdb] [saucenao] [google]
15192612

Zoom out

Navigation
View posts[+24][+48][+96]