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  • The Gold to Oil Ratio Does Matter [View article]
    Gold NOT manipulated....?
    The whole Bretton woods currency system from ww2-1971
    was BASED on on a FIXED gold price at 35$.
    IS that a FREE market.....
    It collapsed, because the French swapped their paper $ for Gold
    The US gold stock went from 30.000tonnes to 8000tonnes, before NIXon let the price Free...& went from 35$ to 850 in 1980,back to 256$.
    IF gold is NOT ...THE...Monetary Value of Choice, WHY did the US goverment CON_FISCAT ..PRIVAT GOLD in 1933, at..20.67$....
    ONLY to Revalue it at 35$...3 years later.....

    THE SAME THING IS HAPPENING AGAIN TODAY......WAKE UP......
    Soon Opec will wake up, realizing, that they have sold ½ OF THEIR OIL, FOR PAPER
    WAR IS ON THE HORIZEN, AND STILL GOLD, NOR OIL REACTS.......
    IT WILL.....SOON

    ** The key is the GOLD/ ? ratio.....try Gold/DOW
    Happy new year
    Mike
    Dec 31 05:17 am |Rating: +1 -1 |Link to Comment
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