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LOL. Love it. So the dollar was 'devalued' in the 30's by fixing it to gold at $35? Good thing we did that....otherwise gold may have gone to zero!
Dec 24 09:05 am
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All Comments by unwired »Enlightening the Gold Bugs [View article]
The author seems adept at spotting bubbles. I wonder if he would recognize a dollar bubble if he saw one? Is that even possible? Or maybe dollars are one thing we can create in any quantity we want and without consequences. I would suggest a field trip to Zimbabwe. First thing to do would be to look up the price of gold in Zimbabwe Dollars.