Re: Gold



On Wed, 30 Jan 2008 18:56:34 -0500, Blattus Slafaly £ ¥ 0/00 :)
posted:

I remember when gold was $35.00 an ounce. Now it's $929.00 an ounce.
What does that mean? It's a rather significant fall in the worth of a
dollar it seems to me.

It means that the price of gold is no longer pegged, by law, at $35.00
per ounce, and that the folks that sell it want, and get, a $929 per
ounce.

Now talk about diabetes or go away.

--
Larry, T2, Saskatchewan, Canada.
DX 24 Aug 07. D&E
Metformin 2000mg, Ramipril, Simvastatin
Dx A1c 8.1 : Latest 5.1
.



Relevant Pages

  • Re: Olys wrong again (as usual)
    ... TPG Canadian coins are going thru the roof. ... Funny thing is how much of a premium folks are paying for bullion gold ... price, and people need cash cash cash. ... it isn't possible to buy one ounce gold coins at ...
    (rec.collecting.coins)
  • Re: Well, _that_s something to avoid in the future
    ... very good (as it's a vatting, not a blend). ... Gold is very good, but arguably ... not worth the price and Blue is ...
    (alt.sysadmin.recovery)
  • OT: Hedge Clippings
    ... yesterday that the price of an ounce of gold will skyrocket in the ... dollar range [per ounce] to somewhere between $2,000.00 to $3,000.00 ... Inflation is the price we pay for irresponsible ... one big drag on the American economy: ...
    (rec.gambling.poker)
  • Re: Picking your end of the United States
    ... Bonds, like cash, credit, or even gold are only worth what people like ... Well, because value is subjective, varying from individual to individual and for an individual from time to time, the perception IS the reality. ... this dates back to the time when it was a crime to hold the stuff -- like heroin or homemade ethanol or silver -- so the official price was pretty much irrelevant for most purposes. ...
    (rec.arts.sf.written)
  • Re: Lead (Pb) price continues to skyrocket
    ... It looks like the price of all the metals listed on that site (Aluminum, ... Official gold valuation, prior to ... could buy an ounce of gold on his payday then, ...
    (rec.crafts.metalworking)