wrote in message
...
Larry wrote:
"Capt. JG" wrote in news6idnVL-
reasolutions:

It's not that much different than in 1980.

http://goldprice.org/30-year-gold-price-history.html

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"j" ganz @@
www.sailnow.com


Huh? Gold was $680 in 1980 and we WEREN'T in a DEPRESSION. It hasn't
been $680/oz since Aug 2007, even at the crash.

But, I keep reading the alarming concerns of "hyperinflation depression"
in the financial news, even overseas. A $20 loaf of bread during a
depression with millions out of work....that IS a disaster!

I'm invested with Rhodium, here. It's up from my $740/oz starting price
to $1050 this week. It's history is stunning topping out at $10,100/oz
just before the crash.....(c;]

Uhmmm....Jan 21, 1980: $850.00/oz, Nov 13, 2008: $713.50/oz. Yes, both
were spikes, but that's the problem with generalizations. I remember the
1st spike clearly - my birthday, and had just paid off wedding bands
purchased when gold was $500/oz cheaper!

http://www.usagold.com/reference/prices/history.html

Keith


I don't recall the date, but I know some time ago, it had reached the
$1000/oz price or close.


--
"j" ganz @@
www.sailnow.com