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cfini72 says:
December 23, 2011 at 4:54 pm (UTC 0)
@ATTICUSFINCH51 Federal Reserve Chairman Paul Volcker raised rates and there were also other currencies pegged to gold that investors went to. Check out? ‘The American Jobs Act: Peter Schiff vs Karl Smith’ video on my channel.
ATTICUSFINCH51 says:
December 23, 2011 at 5:03 pm (UTC 0)
I have a question on this…People talk about gold being a hedge against inflation etc, but when I was looking at a 30 year gold chart, there was no real noticeable trend of progress. Was there not enough inflation? to do anything to the value of gold? I know there were some short spurts that would be an exception in the past 30 years, but I’m confused/curious about this.