Quote from: worle1bm on November 08, 2014, 08:14:52 PM

the average person simply cannot afford to accumulate any gold whatsoever. Meanwhile, gold is secretly near an all time high in value, once you take into account the deflation the dollar has experienced.

What in the hell are you talking about?

I was reading along until these little assertions and then you went right off a cliff.

let me simplify.

"Meanwhile, gold is secretly near an all time high in value, once you take into account the deflation the dollar has experienced. "

There is a dollar bubble. Gold is denominated in dollars. Therefore, even if the price of gold in dollars has fallen recently, if the dollar has bubbled more than the amount that gold has fallen, then gold too is overpriced.

"the average person simply cannot afford to accumulate any gold whatsoever."

Wages are too low for the average person to be able to accumulate any non-trivial amount of gold while still paying his or her living expenses.