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To: discostu
All right I'll find your link. But if you honestly think that there's never been too much gold in an economy you really need to study some history.

Link please.

Check out the California gold rush for another.

Link please.

I want to see the size of your shed, there's a hell of a lot of gold out of the ground.

70 feet, by 70 feet, by 70 feet. That's the sice of the cube of gold that's been mined. A good sized farmer's shed would hold it.

185 posted on 07/24/2002 3:35:55 PM PDT by #3Fan
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To: #3Fan
OK a 70 foot cube AIN'T no shed. That's 343000 cubic feet. 23.3 yards per side, in other words each side of your cube is bigger than the "red zone" on a fotball field. Your shed is 7 stories tall. Each surface are is 4900 square feet. In other words "shed my a$$".
190 posted on 07/24/2002 3:41:17 PM PDT by discostu
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To: #3Fan
California gold rush link
http://www.duke.edu/~agf2/history391/economy.html
193 posted on 07/24/2002 3:46:35 PM PDT by discostu
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To: #3Fan
Here's another goody on the CA gold rush
http://www.calliope.org/gold/gold2.html

Here's my favorite bit:
* Seventy-five prefabricated iron houses shipped from China - along with Chinese carpenters. Cheaper than using local materials and labor.
* Miners' soiled underwear departing by shiploads for the Sandwich Islands (Hawaii), where it was cheaper to get it laundered.
* An instant 4,000% profit which Taylor himself made, selling the old newspapers he had used to cushion his belongings on the trip.
* Real estate lots bought up by speculators a year ago at sixteen dollars - now worth $15,000.

197 posted on 07/24/2002 3:57:47 PM PDT by discostu
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