Re: Doomsday for the Greenback

[Jim Devine <jdevine03@xxxxxxxxx>]

likely it's going up due to fears of inflation,  a result of rising
oil prices, themselves a result of the Iraq war and the like.

On 4/14/07, Shane Mage <shmage@xxxxxxxxxxxx> wrote:
> 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)


--
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.