Tuesday, August 15, 2006

100 and 25 year gold price charts

A 100 year chart on logarithmic scale. In other words, there is a good chance that gold is going to the USD 7, 8, 9, 10,000 per ounce price.

The odds are that gold has established a much higher sloping uptrend line.
Why do you think the US Fed stopped publishing the M3 "money" numbers?
Not that the USD is money. It's just mostly digital tokens easily created in vast quantities by somebody typing on a key board at the Fed.

Dr. Ron Paul is a Republican member of Congress from Texas and is probably the only honest person in the US House of Representatives. Here is his take on gold and the US dollar. A really good read. He gets reality:
What the Price of Gold Is Telling Us

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