facts are facts, however if one arbitrarily picks a time to start measuring from, then EVERY STOCK OR COMMODITY has lost value unless it is at is all time right now. i could make a converse observation and show that housing prices are up in almost every market since 1994. that being said gold did become overpriced short-term due to rampant speculation, however if future inflation is anywhere close to what i expect then today's gold prices will look mighty cheap. |