
Beware of Inflation – King Dollar And The Magazine Indicator
Money Tree Investing
00:00
Why Should You Own Gold?
The US dollar since 1900 to 2020 is down, if you starting at 100, it would be down 99.69%. That's how much this declined. So basically it's down close to 100% from where he started 120 years ago. The Pound is down 99.92%. And the yen is down99.995%. So really, the currencies have become worthless over the last 120 years. Now, we talk about this in the show how cash is always a great option. Why wouldn't I just buy gold? Yes. If you're going to hold something for the next 100 years or 1000 years, gold has been a great protector against inflation. It has for thousands of years.
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