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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: KyrosL who wrote (14660)2/8/2002 7:49:51 PM
From: Ilaine  Read Replies (2) of 74559
 
Gold to dollar stayed at $22.67 from 1792 to 1934, when FDR raised the price to $35. The less knowledgeable don't understand that's what happened, they just look at the price hike, and assume it was due to market forces.

If someone has a link comparing gold as a commodity compared to other commodities, that would be useful.
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