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Metals 

By: Decomposed in 6TH POPE | Recommend this post (1)
Wed, 06 Dec 23 8:45 PM | 41 view(s)
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I stuck a bunch of 10-year metal charts together to see how they compared. Most haven't much moved from where they were a decade ago - which is strange considering how much weaker fiat currencies (all of 'em) have become. Even silver hasn't done all that well. Gold has, though, which reflects the fact that it isn't an industrial metal, I think. Gold reversely correlates to the dollar's prospects. Everyone knows it.





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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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