When I was 15 years old, the U.S. defaulted on Bretton woods.

The dollar is down ~98% vs Gold since then.

The ounce of gold that was $40 then, is (as of the moment) spot priced at $2,200 (plus a street premium of $50 - $100 per ounce).

The only prediction I will make is that this 53 year trend will continue, and we will likely see the beach ball at some point (reference to Hawkeye post above).


USMC 0351

We know the price of everything and the value of nothing.