« What Would a "A Constitutional Right to Privacy" Entail? | Main | Spinning the Wheels, Stuck in 1st Gear »

The Price of Gold

Gold price approach 18-year high of 500 dollars

Is it accurate to say that while it is certainly possible more people value more gold more than in the recent past, it is more likely the primary reason gold is growing more expensive in dollars is because the dollar itself is growing more worthless?

Posted by drizzten on November 22, 2005 04:17 PM |

NOTICE
Comments will be held for moderation so they won't show up immediately. Please be patient.

By commenting here, you take responsiblity for what you write. Any grievances with what is posted in my comments should be directed to the person who wrote them, and that is not necessarily me.

I reserve the right to delete any comment I wish as this is my property you are commenting upon, but I'm pretty laid-back so it isn't likely to happen unless you are some psycho idiot jerk. Oh, and unless you have my permission to promote your good or service, you are wasting your time: unsolicited advertisements will result in comment deletion and URL banning. This blog ain't for you spammers or the crap you want to sell.

Comments

At this point, gold is rising in *all* currencies.
Imho, it's beginning to dawn on ordinary people just how really lame fiat systems are by their very nature.
Rob

Posted by: Rob | November 22, 2005 08:25 PM

It's cuz all the gold teeth! Bling Bling baby!

Posted by: TheFlamingoKing | November 22, 2005 10:01 PM

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)