To: h20skier66
>Due to the Federal Reserve’s relentless and endless expansion of the US money supply, the dollar yardstick for measuring nominal prices is perpetually changing.
Whereas with a gold-backed dollar the “yardstick” is constant.
2 posted on
09/18/2009 2:37:31 PM PDT by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: h20skier66
The dollar continues to lose ground.
3 posted on
09/18/2009 2:38:15 PM PDT by
marron
To: h20skier66
Should I sell? I have 22 lbs of it, or should I weight
4 posted on
09/18/2009 2:40:05 PM PDT by
al baby
(Hi Mom ;))
To: h20skier66
6 posted on
09/18/2009 2:53:24 PM PDT by
The Comedian
(Evil can only succeed if good men don't point at it and laugh.)
To: h20skier66
When one looks at price inflation in other areas, gold does not really seemed to have rocketed. One thousand dollars is not really a great deal of money - if you want to go out and buy something useful.
7 posted on
09/18/2009 9:34:04 PM PDT by
BlackVeil
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