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Gold’s transcendence in the fiat money era

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Published : May 10th, 2017
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Category : Gold and Silver

Whenever I am concerned about gold’s price performance, I return to this chart and it restores my faith in the metal without reservations.  I could write many paragraphs about what I see here, but I think the chart speaks for itself. It explains at a glance why gold in the fiat money era, in which we are still firmly esconced, is a good thing to own.  Simply put, it transcends. . . . . . .During the gold standard era, the chart is a flatline.  The day the United States severed the dollar’s tie to gold, it registered a pulse.

Source : www.usagold.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Michael J. Kosares is the founder of USAGOLD-Centennial Precious Metals, Inc., the author of "The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold", and numerous magazine and internet articles and essays. He is also writes a popular weekly Client Letter on the gold market. Mr. Kosares is frequently interviewed in the financial press and is well-known for his on-going commentary on the gold market and its economic, political and financial underpinnings. He has over 30 years experience in the gold business. USAGOLD-Centennial Precious Metals is one of the oldest and most prestigious gold firms serving private investors in the United States, Europe, Canada and Australia.
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