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To: Snowshoe who wrote (71315)	8/4/2009 6:37:21 PM
From: TobagoJack	2 Recommendations Respond to of 74559

just in in-tray "The Day the Dollar Died - and the Day Gold was Reborn" by Bill Downey of technicalcommoditytrader.com, who has researched a handy comparison between then and now. He compares "How Much things cost on Aug 15th, 1971" to what they cost today. Dow Jones Industrial Average 890 or 25 oz. gold in 1971, versus 9,000 or 10 oz. gold today. Average Cost of new house $25,250 or 721 oz. gold in 1971, versus 250,000 or 277 oz. gold today. Average Income per year $10,600 or 302 oz. gold in 1971, versus $70,000 or 77 oz. gold today. Average Monthly Rent $150 or 4.3 oz. of gold in 1971, versus $824 or 1 oz. of gold today. Datsun 1200 Sports Coupe $1,866 or 53 oz. gold in 1971, versus $28,400 or 31 oz. gold today.