the value of gold is not suppose to change at all

throughout history. one ounce of gold can always buy a nice suit for men from 1800s to now. what's changing is the amount of dollar bills floating out of the Fed. the more dollars floating out there (which is happening right now at a gigantic scale), the more dollar bills can one ounce of gold get back. see what I mean?

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It is amazing people still can not get over with using -天下无马- 给 天下无马 发送悄悄话 天下无马 的博客首页 (66 bytes) () 09/16/2010 postreply 10:26:11

haha, you talking about an ideal world where no one sleep and ea -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (362 bytes) () 09/16/2010 postreply 10:30:48

In the entire history, wealth is mostly measured with gold. -天下无马- 给 天下无马 发送悄悄话 天下无马 的博客首页 (172 bytes) () 09/16/2010 postreply 10:39:18

haha, but do you live in 2010 BC or 2010 today? -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (127 bytes) () 09/16/2010 postreply 10:48:11

we will go back to history norm. -天下无马- 给 天下无马 发送悄悄话 天下无马 的博客首页 (282 bytes) () 09/16/2010 postreply 11:15:21

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