Re: Doomsday for the Greenback

[Shane Mage <shmage@xxxxxxxxxxxx>]

Mike Whitney (pcc Leigh Meyers) wrote:
>
"Gold isn't going up; it's simply a meter on the waning value of the dollar."

But the figures Whitney gives tell a very different story:  In April 2000
gold sold for a little more than 280 euros per [troy] ounce.  Last Friday
its price was 507 euros per ounce.  Not going up?

Shane Mage

"When we read on a printed page the doctrine of Pythagoras that all
things are made of numbers, it seems mystical, mystifying, even
downright silly.

When we read on a computer screen the doctrine of Pythagoras that all
things are made of numbers, it seems self-evidently true."  (N.
Weiner)