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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (79469)9/11/2011 10:16:49 AM
From: Tommaso  Read Replies (2) | Respond to of 217574
 
I think the price of gold is directly connected with the availability of pornography.

For 150 years from 1800 to 1950, pornography was rigorously suppressed and hard to find anywhere. Over that same period gold remained at a relatively stable price level and during much of the period major currencies were tied to gold.

1953 marked the founding of Playboy magazine, and it was at that time that the United States began to experience increasing losses to its gold stock. By 1961, it was legal to own Henry Miller's "Tropics".

We all know what happened in the 1970s as the sexual revolution took hold, and gold prices went right up reaching the potent erection of 1980.

During the 1980s and 1990s, the obsession with sex subsided somewhat as did gold.

Now, with unlimited free pornography of almost every sort available on the Internet, gold is going ballistic again.
Maybe one should say, "balls-istic."

Who knows when it will explode upward.