[Toddsterpatriot]

Comparing the price of gold from the year that the federal reserve act was passed to today gives us the full picture of just how poor a job the fed has done with the dollar.

Are you under the impression that there was no inflation or deflation under the gold standard?

It's a pretty horrible unit of account, actually. It's value fluctuates widely,

The dollar fluctuates much less than gold does.

we don't know how fast the fed will reach their ultimate goal of zero.

You think the Fed wants the value of the dollar to be zero?

Gold IS a good store of value.

Because it's never been worth zero? LOL!

[expat_panama]

my post 39  "...you were the guy that brought up all the "GDP numbers..."

your post 40   "NO I did not bring it up..."

your post 33   "...why do we have the GDP numbers, less investment, and unspeakable unemployment numbers?"

Guys like Obama can say something and turn right around and deny they said it, but we can't.

[expat_panama]

dang— cheap Chicom keyboard, sorry about that last post...

[dollarbull]

Because it's never been worth zero? LOL!

Actually that is one of the reasons. Gold cannot go to zero value. Fiat money can, and always does, without exception. The dollar's destiny is preordained - it's got a rendez vous with the fiat currency graveyard.

Voltaire said it best, but you don't know your history, so you probably don't know what I'm talking about.