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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: maxncompany who wrote (16818)	12/27/2008 7:17:59 PM
From: kayco	Respond to of 29622

MaxCompany - Makes sense. 75% rise from $20.00 to $35.00. If gold went up 75% from here that would put it at around $1500. From 1931 to 1960 the wages for gold miners doubled and by 1960 many gold mines and the towns that they were in started to go down fast. Any theories re comparing gold in 1930s to present possible deflation. Gold is supposed to go down in deflationary periods not up like in 1933 - gold price of course was controlled by government in 1933. Was any body setting US$/gold oz. price in 1865. What were Brits doing in 1865. Did they have set rate for Pound/Gold oz. Any body input on that.