Anonymous ID: fb4451 May 13, 2022, 8:07 a.m. No.16267157   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>7258

>>16267150

yes, thats probably it

 

Gold is not an inflation hedge except in extreme cases, notably hyperinflation.

 

The price of gold fell from $850 to $250 between 1980 and 2000 with inflation every step of the way

 

Rather, gold is largely a function of faith in central banks, especially the central bank of the major reserve currency country.

 

Gold fell from 1980 to 2000 as there was great faith in Fed Chair Alan Greenspan, then considered the "great maestro".

 

If gold is 'bet' on government credibility, then suspect the 2000-year history of the barbarous relic's 'value' is not different this time.

Anonymous ID: fb4451 May 13, 2022, 8:17 a.m. No.16267200   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

CAPE MAY: Due to the massive erosion that took place from last weekends Norโ€™easter the infamous ghost tracks have appeared on the beach of Cape May.

Remnants of the century-old rail line are visible along the Delaware Bay at Higbee Beach, a remote stretch north of Sunset Beach the home of the S.S. Atlantus sunken ship wreck and World War II bunker.

The tracks are presently visible only at low tide. There is no telling for certain whether the next storm - or the natural shifting of the tides - will bury them once more or reveal even more of what was once lost.

The rail line was used for a variety of purposes during the early to mid-1900s, including support for mining facilities and munitions testing during World War I.

It was eventually discontinued and covered by the tides, hidden away for decades.