[expat_panama]

here we go,

--had to gear down and take my time.

Gold standard's not really what we'd call 'stable prices'...

[abb]

Depends upon what you use as the measuring stick, dollars or gold. Or oil. Or wheat.

My contention is that gold is the historically stable value, and everything else fluctuates against it, both up and down.

I suppose that as long as everything is tied together in a relatively free global market, then its all copacetic.

IMO, none of these currencies or commodities represent wealth. The only wealth that has been of value throughout human history is organized, productive human activity and creativity.

Often called “work.”

[Wyatt's Torch]

WTI <$60/bbl - lowest since 2009