Quote:
Originally Posted by Brian837
say what? I took a bunch of broken shit and scrap gold in a little over a year ago and sold it for almost 7000 USD. Five years ago I would have gotten maybe half that. Not sure but how can you say it is traded for the same?
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This is more a reflection on the falling value of the dollar than the rising value of gold.
The dollar is a fiat currency, gold is an intrinsically value commodity. Gold has a specific immutable value, the dollar has a variable exchange rate and innate fungibility.