The day of Joe Biden’s “inauguration” (January 20, 2021), gold opened at $1840.05. Yesterday, March 28th, 2024, gold closed at $2233.00. That is an increase of $392.95 per ounce of the barbaric metal.
This is an increase of 21.33% since the overthrow of the Republic. While the math is correct, the logic is flawed. Consider the price of gold as being stable and the US dollar as being devalued.
If I use the CPI inflation calculator, $1840.05 in January, 2021 is worth $2,182.93 in February, 2024 (March is not available). This is a decrease of 18.6% in purchasing power for the USD using the government’s figures. Anyone who does their own grocery shopping knows the price of food under the Biden regime has skyrocketed.
From Time:
Gone are the days when someone could walk into a grocery store and buy a dozen eggs for $1.50 or a gallon of milk for under $3. Instead, nearly every food group costs more than it did a year ago: grade A eggs are up 138%; margarine, up 43.8%; butter sticks, up 38.5%; all-purpose flour, up 34.5%; and spaghetti and macaroni noodles up 31.3%, according to the most recent Bureau of Labor Statistics (BLS) data.
If we only consider food as being representative of the true inflation rate, gold has a long bull run in the future. If you consider the price of gold to be stable, you can then adjust your paradigm to understand how much the dollar is collapsing as the government erases the middle class.
And once you understand that you are nothing more than a prole, you can understand that your “consent” means nothing to the people who consider themselves to be our overlords.
David DeGerolamo
I do not care what category I fall under, I look to my Lord and Saviour Jesus Christ. It will only get worse under satans america, I am ready to pick up my sword and defeat his filthy minions and trample them under my feet, able and ready.