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To: EasySt

But, but, but, I was told by one of our fellow FReepers that I was wrong when I posted about how the price of gold versus its purchasing power hadn’t changed.

I was told that comparisons like that were irrelevant and misleading.

Hmmm, could he have been a troll?


5 posted on 07/28/2016 6:58:47 PM PDT by Don W ( When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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To: Don W
"But, but, but, I was told by one of our fellow FReepers that I was wrong when I posted about how the price of gold versus its purchasing power hadn’t changed. I was told that comparisons like that were irrelevant and misleading. Hmmm, could he have been a troll?"

Well it is certain and obvious that the purchasing power a dollar has changed (negatively) far more than the purchasing power of an ounce of gold. And those changes seem to track closely with both the changing government declared values of an ounce of gold, and then changing at an accelerated rate when it was untied from the value of gold altogether.

7 posted on 07/28/2016 7:56:03 PM PDT by EasySt (Time to build that gulch..)
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