To: Alberta's Child
If you go back and look at the historical price of gold, you'll find that for the most part it has been remarkably stable.Yeah, if you peg the value of the dollar to gold, the price of gold will be remarkably stable. LOL!
321 posted on
11/02/2007 11:19:27 AM PDT by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Toddsterpatriot
Right. All of that turmoil back in 1973 had more to do with the end of the Bretton Woods System -- under which the U.S. dollar had been linked to the price of gold -- in 1971.
Those Arabs weren't stupid.
324 posted on
11/02/2007 11:23:11 AM PDT by
Alberta's Child
(I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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