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To: Red Badger

Any thoughts on recent US gold coins?


10 posted on 05/10/2006 5:54:55 AM PDT by Roccus
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To: Roccus

Gold coin, any country's gold coin, US, Swiss, South Africa, Canada, China, etc. is "worth" the same according to weight. Actually, the "value" of gold NEVER changes. The "worth" of the paper currency fluctuates. If you went back to, say, George Washington's time, an ounce(troy) gold coin would buy the same amount of goods as it would today. Go back even to Caesar's time. The same gold coin buys the same amount of goods. It's the paper that is changing, not the gold............


12 posted on 05/10/2006 6:12:23 AM PDT by Red Badger (In warfare there are no constant conditions. --- The Art of War by SunTzu)
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