That's the price of gold vs. the monetary base, essentially the amount of money that Zimbabwe Ben has created out of thin air. Oh, there's a bubble all right. But it ain't in gold.
Sources: St. Louis Dirty Fed and GoldPrices.com.
10.05.2010
Gold shoots up $23 to new high $1338, still far short of keeping up with Zimbabwe Ben's printing press
Want to put the gold "bubble" in perspective? How's this?
That's the price of gold vs. the monetary base, essentially the amount of money that Zimbabwe Ben has created out of thin air. Oh, there's a bubble all right. But it ain't in gold.
Sources: St. Louis Dirty Fed and GoldPrices.com.
That's the price of gold vs. the monetary base, essentially the amount of money that Zimbabwe Ben has created out of thin air. Oh, there's a bubble all right. But it ain't in gold.
Sources: St. Louis Dirty Fed and GoldPrices.com.
Subscribe to:
Post Comments (Atom)
-
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo t... -
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
1 comment:
There is no fever like gold fever. I HAVE IT BAD!
beebs
75% invested in gold and silver.
Post a Comment