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True value of gold, page-12

  1. 62 Posts.
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    Bread you seem to be implying that gold has no value but it is Fiat currencies that have actually no value whatsoever. Of 4200 currencies over time every one of them has ended up at value of zero except for silver and gold. In 1913 you could buy one ounce of gold for $29 now you could probably buy half a tank of fuel for $29 whereas just one ounce of gold will now buy you a house in Venezuela or certainly a lot more than half a tank of fuel wherever you are. Gold holds its value.
 
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