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<p>[QUOTE=&quot;Rono, post: 789264, member: 6492&quot;]Hi sponge,</p><p>&nbsp;</p><p>Let me try to clarify this.&nbsp; The value of gold is constant but the value of fiat currencies flucuate with the market and as the value of the dollar decreases, the price of gold as expressed in dollars increases.&nbsp; </p><p>&nbsp;</p><p>It&#039;s curious but when I was growing up, I could take a avg circulated 1960 quarter and go to the store and buy a loaf of bread.&nbsp; Gee, I can take that same 1960 (silver) quarter and still buy that same loaf of bread.&nbsp; Granted the breads price in dollars is $2.75-3.00 but the value of that silver quarter in dollars is also $2.75-3.00.&nbsp; </p><p>&nbsp;</p><p>They say that in the Roaring 20&#039;s, an ounce of gold would buy a good suit of clothes.&nbsp; Well, that same ounce is worth about $1100 in dollars today and would buy a good suit of clothes.&nbsp; Rumor has it that an ounce of gold in ancient rome would by a nice toga and sandals.&nbsp; </p><p>&nbsp;</p><p>Perhaps in all three transactions it was the very same ounce of gold.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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