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Africantiger
Reputation Activity
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Africantiger reacted to trozau in Liquidity: Have 1oz coins had their day?
Gold is not an investment tool. It is a hedge for preserving wealth. The buying power of gold has been constant for the past 4 centuries or so. It is the fiat currencies that have been losing their value/buying power hence the increase in price of a troz of gold (in relation to fiat currencies).
