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To: Blood of Tyrants
I suggest you are looking at the wrong numbers. Think of it this way: thirty years ago, one troy ounce of gold bought 3 barrels of oil. Today, that same ounce will buy 9 barrels.

The problem is not the price of oil: the problem is the value of the dollar.

61 posted on 04/26/2006 7:05:22 PM PDT by John Locke
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To: John Locke

Don't get me started on fiat money!


68 posted on 04/26/2006 7:10:43 PM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: John Locke

"thirty years ago, one troy ounce of gold bought 3 barrels of oil. Today, that same ounce will buy 9 barrels.'

Wow. Great point!


362 posted on 04/27/2006 2:35:57 PM PDT by Sunnyflorida ((Elections Matter)
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