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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject11/7/2003 6:16:03 PM
From: Box-By-The-Riviera™  Read Replies (2) of 436258
 
russell says:

"Gold underpriced? Yes, remember, gold today is priced where it was back in 1979. And that was 24 years ago. Adjusted for inflation, gold should be selling above 2,000 today."

bullshit. there is absolutely no historical pricing record to support this claim that gold has been priced relative to the inflation rate of a currency.
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