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Washington State proposed bill to make gold and silver legal tender
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<p>[QUOTE="Blissskr, post: 1410710, member: 34882"]<font size="2"><font face="arial">If you chart the debt in ounces of gold as medoraman suggested you would possibly see his point and personally I found it very interesting. With these numbers see a sample below, it's easily seen that if you charted them beginning in 1971 all the way through 2011 you would have a very very different looking chart expressing US debt in ounces of gold. And using figures based on actual reported debt and yearly gold averages.</font></font></p><p><font size="2"><font face="arial">*fixed numbers</font></font></p><p><font size="2"><font face="arial"></font></font><font size="3"><font face="arial"><b>Us debt in billions 1971-</b></font><b>36.22<font face="arial">b </font></b></font></p><p><font size="3"><b><font face="arial">Gold price per ounce average 1971-40.62 </font></b></font></p><p><font size="3"><b><font face="arial">Debt in ounces of gold in 1971 </font>891,678,975.873954</b></font></p><p><font size="3"><b><font face="arial"> Us debt in billions 2011-</font>98.70<font face="arial">b </font></b></font></p><p><font size="3"><b><font face="arial">Gold price per ounce average 2011-1,571.52 </font></b></font></p><p><font size="3"><b><font face="arial">Debt in ounces of gold in 2011 </font>62,805,436.7745877</b></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 1410710, member: 34882"][SIZE=2][FONT=arial]If you chart the debt in ounces of gold as medoraman suggested you would possibly see his point and personally I found it very interesting. With these numbers see a sample below, it's easily seen that if you charted them beginning in 1971 all the way through 2011 you would have a very very different looking chart expressing US debt in ounces of gold. And using figures based on actual reported debt and yearly gold averages. *fixed numbers [/FONT][/SIZE][SIZE=3][FONT=arial][B]Us debt in billions 1971-[/B][/FONT][B]36.22[FONT=arial]b Gold price per ounce average 1971-40.62 Debt in ounces of gold in 1971 [/FONT]891,678,975.873954 [FONT=arial] Us debt in billions 2011-[/FONT]98.70[FONT=arial]b Gold price per ounce average 2011-1,571.52 Debt in ounces of gold in 2011 [/FONT]62,805,436.7745877[/B][/SIZE][/QUOTE]
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Washington State proposed bill to make gold and silver legal tender
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