Wednesday, March 27, 2013

CHART - Inflation Adjusted Gold Price (1970-2011)


We still have a long way before we catch up with the 1979 inflation adjusted highs.
Since Nixon's move, the U.S. dollar has fallen from 1/35th of an ounce of gold to 1/1750th of an ounce of gold today.
Here's another view.


---

Hilarious clip.  Profanity warning.

Further reading:

More links:

From this morning:

Texas Wants Its Gold Back From The Fed

No comments:

Post a Comment