Precious Metals

[BeatUpTruck]

It's only really a "stop" if they do not buy any more for years.
Also, they may be waiting for the price to go down before buying again.
Wouldn't you do the same ?

Yeah that’s why I pointed out that possibility in my first post dude

 

[Blade Runner]

The real value of gold DOES NOT CHANGE over time.

Of course it does. It may be small or incremental, but it's has the stock to flow of a historical commodity. In other words, over time, since its supply increases, it is worth less compared to a given standard that doesn't change (much).

 

[Australia Sucks]

Of course it does. It may be small or incremental, but it's has the stock to flow of a historical commodity. In other words, over time, since its supply increases, it is worth less compared to a given standard that doesn't change (much).

Yes gold supply rises on average by about 1 - 2% per annum but the worlds population so far at least continues to grow as does total production/gdp over time therefore 2% increase in supply doesn’t correlate to 2% loss in purchasing power. I think you are oversimplifying the situation

 

[Blade Runner]

Yes gold supply rises on average by about 1 - 2% per annum but the worlds population so far at least continues to grow as does total production/gdp over time therefore 2% increase in supply doesn’t correlate to 2% loss in purchasing power. I think you are oversimplifying the situation

That's why I compared it to a given standard. What's more, now that BTC is on the scene, of course it is worth much less. While it may go up in this instability period, it is going up less than it would have, and that will only also increase with time. Diminishing returns kind of thing