(Click chart for larger view)
It does not matter how big gold's job is. It is up for it. Not to worry. How big is the job for gold? According to how Shadow Stats calculates its alternative (more realistic than the US government's rigged to the down side) CPI (Consumer Price Index), in today's US dollars, Gold needs to be priced at about US$ 5,000 for it to have the same purchasing power that it had in 1980.
That is right now, but, the top of this current bull market in gold is a few years away. More USD will be created between now and the top of this bull market. So, US dollar priced gold should be more than US$ 5,000 at the top.
http://mwhodges.home.att.net/inflation.htm
This cannot happen without government central banks. It is their job, to steal stored value for governments.
This one should be self-explanatory.
FINANCIAL TERRORISM AGAINST SENIORS
Crushed Incomes and International Buying Power
by Michael W. Hodges, Author
Grandfather Economic Report
November 20, 2004
http://financialsense.com/editorials/hodges/2004/1120.html
Gold and silver, actual real spendable money made out of atoms with no liabilities attached, are financial protection for seniors from their governments.
Gold and silver have been doing their jobs for people for about 5,000 years. There is no reason for them to stop now.
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