Although in this case it is unclear whether you are seeing a commodities bubble, or simply the effects of a declining dollar (inflation).
While bubbles burst, currencies rarely gain in value after they've lost it. (And deflation is very destructive if they do).
I presume no one is buying Cokes for 5 cents anymore (1942 price), but no one is waiting for the Coke price bubble to burst.
On the bright side, house prices can remain flat or depreciate only slightly during this inflationary period, making a much bigger adjustment than it appears.
to sell them for paper ? I'd lean to holding the gold in whatever form, and I'm not a real gold-bug,either !
I'm well versed in the properties and history of Gold. Problem is Gold is valuable because it always has been valuable. It's extremely malleable,heavy, conducts electricity extremely well,yada,yada,yada ! But, you don't really need it !
Yeah it comes in handy, there's tiny amounts in your electronics, Silver would do,though !
Gold is old school.
If society was based on Gold in a martial law environment, crime would be uncontrollable, it already is close to that.
You'd get murdered for your gold.
You cant really compare other currencies that have lost value (Argentina peso) to the US dollar. There is just simply no comparison.
Price of coke goes up bc inflation. Price of gold goes up bc people think they can get a return on their money.
Coke is not a commodity and has no secondary market?
