Gold Best Post-Powell; Stocks, Yuan Bouncing After China Intervenes

Zero Hedge | 3/22/2018 | Staff
applekipapplekip (Posted by) Level 3
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At current market rates if translating purchasing power:

1 ounce of gold = new transmission.

Ounce - Gold - = - Groceries - Family

1 ounce of gold = groceries for a family of four for two/three months.

Pretty sad huh? Once a pound of gold could buy an army of 5000 men with weapons, horses and training. Today, not so much. Gold as a currency unit is garbage.

Jews - Gold - Price - Hundreds - Men

Oddly enough the jews fucked themselves in fixing gold price through hundreds of middle men **** the price action by making sure the government got involved. So it buys just as little as it did 20 years ago as it does today and the future of gold isn't looking much better. As a currency it's DOA and a liability with the overhead attached to it. Point being it's been rendered worthless, even in electronics.

Today in electronics, versus gold, we...
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