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<p>[QUOTE=&quot;Juan Blanco, post: 1570235, member: 41665&quot;]For the record, I&#039;m really not interested in any religious question(s). The pseudo-Biblical adage above is well-known and prevalent online, but it&#039;s patently false &amp; misleading not just &#039;textually inaccurate&#039; (where 1 denarius becomes a &quot;sack of Gold&quot; LOL) See it for what it is. </p><p><br /></p><p>To my thinking, the larger issue is the <i>&#039;it&#039;ll-never-here&#039;</i> or <i>&#039;it&#039;ll be different this time&#039; </i>lunacy of the Paper Bugs. Their insidious propaganda <u>always</u> relies upon some combination of deliberate obfuscation, manipulation, forgetting, and make-believe. Re-evaluating the Biblical price as an historical data point (outlined above) the antigold adage/&quot;prophecy&quot; should be seen as part of that deceit, particularly if directed at preppers. </p><p><br /></p><p>In fact, over the last century or so, <i>several hundred paper fiatsco failed already</i>; Gold <u>never</u> did. If you didn&#039;t know it already, please read up:</p><p><a href="http://georgewashington2.blogspot.com/2011/08/average-life-expectancy-for-fiat.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://georgewashington2.blogspot.com/2011/08/average-life-expectancy-for-fiat.html" rel="nofollow">http://georgewashington2.blogspot.com/2011/08/average-life-expectancy-for-fiat.html</a></p><p><a href="http://dollardaze.org/blog/?post_id=00405" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dollardaze.org/blog/?post_id=00405" rel="nofollow">http://dollardaze.org/blog/?post_id=00405</a></p><p><br /></p><p>fwiw, the equivalent Price/Weights in USD$ should be calc&#039;d <i>retail</i>: </p><p>1 lbs. Wheat = 1.51 grams Ag ... or 1 gram Ag = 0.66 lbs. wheat (1/3rd a kilo.) Since a pound of unmilled wheat can be store-bought for $ 0.40 what does 1.5 grams of Ag cost retail? Two pounds of wheat per worn Roosie ( eBay $1.) The demand for Silver MONEY is much greater on relative basis today, obviously. So it&#039;s early to horde food?</p><p><br /></p><p><u><b>Where I am going with this:</b></u></p><p><u><b></b></u>As for the BoR 6:6 Wheat Price specifically, I presume it WAS a leptokurtic distribution or &quot;fat-tail event&quot; for it&#039;s day. Why? WHEAT BECAME ALOT MORE EXPENSIVE over the next 400 years. </p><p>Here is a <i>chart </i>of the debased denarius, which should illustrate this:</p><p><br /></p><p>[ATTACH]214733.vB[/ATTACH]</p><p><br /></p><p>[ATTACH=CONFIG]214711[/ATTACH]</p><p>More here: <a href="http://www.rmki.kfki.hu/~lukacs/ROMLAS.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.rmki.kfki.hu/~lukacs/ROMLAS.htm" rel="nofollow">http://www.rmki.kfki.hu/~lukacs/ROMLAS.htm</a></p><p><br /></p><p>This appears to be <b>a <b>sigma</b>-event, circa AD 95. </b>But what sigma? Bread was suddenly sold dear, to be sure, but nowhere near a &#039;sack of gold.&#039; Why? Were other commodities? Has there been any scholarship on this? I have not yet digested Kessler &amp; Temin&#039;s paper (2005) to see what baseline or average &#039;famine&#039; Wheat prices might have been - historical data is always the context.</p><p><a href="http://dspace.mit.edu/bitstream/handle/1721.1/63816/moneypricesinear00kess.pdf?sequence=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dspace.mit.edu/bitstream/handle/1721.1/63816/moneypricesinear00kess.pdf?sequence=1" rel="nofollow">http://dspace.mit.edu/bitstream/handle/1721.1/63816/moneypricesinear00kess.pdf?sequence=1</a></p><p><br /></p><p>The other famine years (listed above) should likewise illustrate leptokurtic distributions. <b>What I am wondering: do some of these events anticipate or predict financial systemic or monetary collapse? </b>[/QUOTE]</p><p><br /></p>

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