My father was buying gold when it was 30ish an ounce. Imagine if you had bought at that price? The price is meaningless anyway. What is important is what it will buy. Gold will always buy a large amount of goods. That is what makes it so valuable. No matter what happens, it is a good store of labor.
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ITs a great store of labor! Most people miss this important fact! Man I really wish I had some 30.00 gold.
It is crazy to think about, right? Still, I'm stacking now, and my children will be that much richer.