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Uploaded At Apr 8, 2024 ^^
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RYD date created : 2024-07-12T09:34:35.783501Z
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Top Comments of this video!! :3
This may happen but you are forgetting that you are measuring 'affordable' in fiat terms. The reason gold might be 10k per oz is inflation. Gold is simply holding it's buying power against inflation.
It will always be expensive, yes, but it will just be in line with fiat value of the day.
example if it takes 10 1oz gold bars to buy a decent car today, it will still take 10 1 oz gold bars to buy a car in 10 or 20 years.
10 1g gold bars won't be worth shit. It will take 300 1g gold bars to buy that same car.
If you can't afford tenths ir quarters, just save in the cheapest premium silver until you can convert it to gold. You might even catch a GSR reversal along the wayππ
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@luke.k1.
5 months ago
Ain't that the truth mate, my monthly purchase gone from a 1/4 brit to a sovereign. Im now looking back at 5g bars and half sovereigns, thinking they're gonna be my next one the way the price keeps shooting up. If it carries on this rate, I'll be buying gram bars by end of the year π great video mate
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