[Eric Blair 2084]

If you bought $1 worth of gold in 1802 you would have $2.52 now. Congratulations!

Opportunity for smart Gold sellers to make a fortune pimping their product on the radio to scared idiots in these times.

Maybe they can even put an environmentally friendly green sticker on their wares and double the price.

[April Lexington]

Ok, so convert your dollars into Swiss Francs, Euros, copper, oil, cow shit or anything else that will increase in value ass the dollar plummets. Hold dollars and get poor. Gold was $35.00 an ounce in 1972 when Nixon demolished the gold standard. It sells for approximately $920 today. So, inflation or devaluation? You decide. The poster wanted to buy gold and hide it. I advise not to do that because the fraud Obama will likely confiscate the gold via executive order and make its ownership illegal. Better to get your dollars off shore and convert them into something that will increase in value relative to the dollar. Right?

[April Lexington]

If you bought $1 worth of gold in 1802 you would have $2.52 now. Congratulations!

DO you have a source for this metric? I'd like to review for an article I'm writing. Thanks.

[April Lexington]

Also, keep in mind that gold is a short term hedge against instability. You can get whacked big time if you hold beyond the run up cycle. If the dollar collapses, the Federal government will quickly come up with some stabilizing alternative and gold will quickly fall in value relative to the new money system. Not a game for the faint of heart...