An ounce of gold is still an ounce of gold, my friend. Us gold bugs don't care what the fiat number is. Gold had value 2,000 years ago all over the planet, and will still have value 2,000 years from now all over the planet. You can't say that about anything else.
I said 2,000 years, not $2000. Two thousand years ago, there was no such thing as dollars, but there were gold coins. Gold coins minted 2,000 years ago still have value!
This gold coin is 2,300 years old. It was minted on an island in the Mediterranean, and it's still worth money in every currency anywhere in the world.
Buying gold is the least risky investment I can think of!
Gold fell from $2200 to $1200 past 2 years.
An ounce of gold is still an ounce of gold, my friend. Us gold bugs don't care what the fiat number is. Gold had value 2,000 years ago all over the planet, and will still have value 2,000 years from now all over the planet. You can't say that about anything else.
The ounce of gold is not $2000 right now.
I said 2,000 years, not $2000. Two thousand years ago, there was no such thing as dollars, but there were gold coins. Gold coins minted 2,000 years ago still have value!
NP
This gold coin is 2,300 years old. It was minted on an island in the Mediterranean, and it's still worth money in every currency anywhere in the world.
http://www.ebay.com/itm/Lesbos-Mytilene-377-26BC-Gold-El-Hecte-Sixth-Stater-Ancient-Greek-Coin-El-Hekte-/382129828217
Gold Spot Prices Gold Price Today Spot Change
Gold Price Per Ounce $1,259.30 $8.40
Gold Price Per Gram $40.49 $0.27
Gold Price Per Kilo $40,487.40 $270.07
You have to take the long view!