“
An ounce of gold will always be an ounce of gold regardless of the length of possession. The short-term value will go up or down, but gold prices will follow the general inflation rate in the long run.
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We're kidding ourselves if we think we can opt out of these decisions. Every policy the government adopts, and every individual choice you make, implies that a valuation has been made, even if no one has been honest enough to own up to it or even admit it to themselves.
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― The Undercover Economist
― The Undercover Economist
