OTCPK:MEAOD - Post by User
Post by
btrevorbon Oct 08, 2014 12:08am
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Post# 23008653
Deflation
DeflationIt's here.
Gold being the standard by which all FIAT currencies is measured has fallen and it can't get up. This leads one to believe that the FIAT currencies are in fact in a deflationary mode.
It doesn't really matter if you believe this or not, because it is true. A 2004 Loaded Silverado cost more in 2004 dollars than a new one with ecoboost, bluetooth, handsfree, extra air bags, backup camera, self parking mode does in 2014 dollars. In North Dakota it's still $3 bucks a beer/$2 happy hour, long live the USA.(This does not apply to Canada but that's mostly taxation)
Berad, Chicken, Eggs, Milk, Bananas are only up 20-25% in 10 years, that is deflation because the money multiplier is up hundreds of percent (so fast a number cannot be assigned as it will be outdated within the next quarter)
Here's the fun catch 22.
Gold goes up in value. YIPPIE Gold bugs win big, but do they?
The dollar will be worth less as it deflates so what are they going to turn their gold into, unicorns?
Not unicorns-MONEY, they also will not be trading GOLD in the streets for cars and houses or food (remember lead is what will be worth something-not GOLD) MONEY the same thing that is now worth nothing because the FIAT currency has collapsed.
So unless you like something that sparkles you have no reason to invest in GOLD.
That's my two cents, which was actually worth something a long long time ago...