dlaw

Gold Coins Are in Short Supply, So Why Doesn't Their Price Rise?

Why do people opine about the government printing dollars and not look at the real money supply?

Why don't you ask yourself how it is that the dollar can be going up when the supply is - you believe - also going up.

The supply isnt going up, it's going down.

And in a deflation, people quickly find that their gold coins buy them nothing without first buying currency and that other than the special panic trade in gold, holding a commodity during a deflation is idiotic.