Comments on: Precious Metals Drop in 2022 Start https://www.coinnews.net/2022/01/03/precious-metals-drop-in-2022-start/ CoinNews delivers the latest World and US coin news Wed, 05 Jan 2022 21:25:46 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: Rich https://www.coinnews.net/2022/01/03/precious-metals-drop-in-2022-start/#comment-502447 Wed, 05 Jan 2022 21:25:46 +0000 https://www.coinnews.net/?p=84471#comment-502447 In reply to Rich.

Sir Kaiser, thank you very much for caring and sharing your edifying thoughts on where we stand. It’s Sad but true.

]]> By: Rich https://www.coinnews.net/2022/01/03/precious-metals-drop-in-2022-start/#comment-502432 Wed, 05 Jan 2022 00:03:47 +0000 https://www.coinnews.net/?p=84471#comment-502432 In reply to Rich.

I guess you just can’t win…

]]> By: Rich https://www.coinnews.net/2022/01/03/precious-metals-drop-in-2022-start/#comment-502422 Tue, 04 Jan 2022 18:41:18 +0000 https://www.coinnews.net/?p=84471#comment-502422 Sir Kaiser, as per your example above, and underscoring gold’s characteristic as a store of value and wealth preservation, consider that in 1929 a $20 Gold Double Eagle coin (1-oz gold) bought you $20 worth of groceries and in 2021 that same coin/ounce of Gold bought you $1,800 worth of groceries (i.e., the cart of food in 1929 and 2021 remained the same size).

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