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<p>[QUOTE="kaparthy, post: 90859, member: 57463"]You can find these if you look and if you nag me enough, I might dig out some that I have xeroxed and put in folders. Basically, these are of limited value. The constant production of new goods and services changes the price information. Maize ("corn") and soy and peanuts are just part of the picture. Would you rather have 100 peanut butter and jelly sandwiches, or a new Xbox? That said, gold has been remarkably stable.</p><p><br /></p><p>You note that silver is worth less than it was 120 years ago. You did not say that gold was worth more silver, though that is correct. You implicitly accepted the view that gold is the standard.</p><p> </p><p><br /></p><p><br /></p><p>That you accepted gold as the standard shows why this question is meaningless. The "price" of gold is "supported" by its rarity, its divisibilty, its durability, its ductility, and its identifiablity, as well as its luster and charm. Gold is the standard. It needs no support.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 90859, member: 57463"]You can find these if you look and if you nag me enough, I might dig out some that I have xeroxed and put in folders. Basically, these are of limited value. The constant production of new goods and services changes the price information. Maize ("corn") and soy and peanuts are just part of the picture. Would you rather have 100 peanut butter and jelly sandwiches, or a new Xbox? That said, gold has been remarkably stable. You note that silver is worth less than it was 120 years ago. You did not say that gold was worth more silver, though that is correct. You implicitly accepted the view that gold is the standard. That you accepted gold as the standard shows why this question is meaningless. The "price" of gold is "supported" by its rarity, its divisibilty, its durability, its ductility, and its identifiablity, as well as its luster and charm. Gold is the standard. It needs no support.[/QUOTE]
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