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Politics : Moderate Forum

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To: Sun Tzu who wrote (20138)10/28/2005 1:47:08 PM
From: Bucky Katt  Read Replies (1) of 20773
 
People that know how to figure such things tell me that the price of gold should be $2,100 an oz based on the amount of fiat currency in circulation.

So, gold is around $473 today, what is wrong with this picture?

Does this mean that gold is $1,627 too cheap?
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