Here's an interesting way to understand it:
The true value of gold is quite stable over time (since new gold is mined at a slow rate). Fiat currencies are constantly being debased. Hard assets fluctuate up and down relative to gold.
The true value of gold is quite stable over time (since new gold is mined at a slow rate). Fiat currencies are constantly being debased. Hard assets fluctuate up and down relative to gold.
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