I do. Let’s pick the date I began advising members to buy. That’s the only date that counts. How did gold do since then? How did the Dow do?
Not really.
You claim GOLD is an inflation hedge.
It doesn’t have a good history of being so.
If you bought gold in the 80s when it was $800.oz. your returns suck compared to other asset classes(Real estate, stocks etc.)
And as I have explained before your hyper inflation scenario is very unlikely as the debt we issue is denominated in $US.
Now if you can show me a country that experienced hyper inflation that issued debt in their own currency you might have a case.
Also, the money you claim is being printed has no mechanism to get into consumers hands so their is not more money chasing fewer goods that would drive inflation.
I have no problem with people buying all the gold they want. They just need to realize what’s going on before they make what could be a very wrong decision.
You have also advocated taking on more debt at cheap rates in the hope that you can pay it back later with “cheap” money.
What if the much higher rates never and real estate continues to depreciate?