Subj : Re: Units of Stored Value - was: new world order?
To   : poindexter FORTRAN
From : k9zw
Date : Mon Feb 24 2025 07:33:47

On 20 Feb 2025, poindexter FORTRAN said the following...
 
 pF> It's interesting seeing the rise in precious metals compared against the
 pF> devaluation of currency. When you realize gold isn't increasing in value
 pF> over time, but the value of money is decreasing - and, when adjusted for
 pF> inflation, the exchange rate is roughly the same, it's eye-opening.

If you want to flumox an economist, ask them about what is the true unit for wealth?

Then ask them how do you measure it, and what do they do to nurture their accumulated wealth?

Then ask other economists the same questions.

--

What we are observing in precious metal pricing is complex.  

Some factors are:

State level demand increases
Inflation and production cost increases
Individual interest
Restraints on alternative stores of wealth
Sustained industrial demand
.... there are more

Interesting area to observe and study.  

--- Steve K9ZW via SPOT BBS 

--- Mystic BBS v1.12 A49 2024/05/29 (Raspberry Pi/32)
 * Origin: SPOT BBS / k9zw (700:100/69)

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