OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@ipso facto, re your slippery slope and Dopey/Dollar Makes Dopey/Prices

Posted by Mr.Copper @ 13:56 on April 28, 2020  

You gave me food for thought, like most of you guys do. The dopey/dollar can slip two ways. It can slip and slide downward in value re Gold $5,000/oz, but it can also slip upward in value regarding other things like cheaper homes in cities town losing population, higher taxes, less jobs.

Maybe its good to have both? You can always convert Gold to Dollars, at $5000/oz and buy cheap other things. I remember around 1980, a $1,000 face value Junk Silver Coins could be turned ito cash and buy a house. In my area.

The Silver bags got to $35,000, and houses were $25,000 to $45,000. Mortgage rates were 18%.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.