Gold Price: USD 65,000/oz in 5 years?
By GCRU Gold News on Thursday, June 16 2016, 08:01 - Permalink
As the world’s fiat paper currencies have lost 99% or more of their purchasing power in the last 100 years, we have to understand that fiat paper currencies are not a suitable unit of account to accurately measure prices.
Gold is in fact a much better measuring stick for value than paper currencies.
Purchasing Power vs Gold