Gold isn't supposed to make you a return on your money

[Anonymous No.15855129]

When a stock goes up thats not the same thing as the dollar price of gold going up. A gold ounce is just simply real savings. The dollar value of gold is irrelevant...why would you be valuing gold in terms of dollars when it was gold that gave value to the dollar? You "make it" with gold during a currency crash/reset followed by a deflationary collapse of all asset prices and gold being re-valued to somewhere around 30k/oz to purge all the debt from the system.

Then that home that was once worth 500k is now worth 50k and 1.5 ounces of gold buys you the home.

[Anonymous No.15855138]

>>15855129
>1.5 ounces of gold buys you a home
stop teasing me

[Anonymous No.15855145]

edit: Gold isn't supposed to make you a return on your money because it IS money.

[Anonymous No.15855177]

>>15855138
Just like the old story from weimar germany...when the hotel bellcap had like 10 ounces of gold saved up and was able to buy the entire hotel after hyperinflation.

"If the American people ever allow private banks to control the issue of their currency, FIRST BY INFLATION, THEN BY DEFLATION, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

[Anonymous No.15855193]

>have a look at my shiny rock young'n

Gold ETF master race