[0.E.O]

For example, a pair of Nike Air Jordan shoes costs 1/10 ounce of gold. Customers can either give you a 1/10 ounce gold coin, or use an exchange machine at the counter to figure our how high a stack of paper is required that day.

But again, if the value of that 1/10th ounce gold coin could be $160 when I pick out my Air Jordans and drops to $155 by the time I get to the sales counter only to rocket up to $165 by the time I get to my car then have I gotten a good deal or have I been screwed in my purchase?

[Mr. Jeeves]

Gold didn’t change - the value of the Federal Reserve paper did. The guy who pays with dollars may or may not have gotten screwed today by his own government’s floppy fiat currency - the guy who pays with gold is going to get pretty much the same value for his gold regardless of what day or time he makes his purchase.