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To: Leaning Right
I suppose that if gold were not so high, the author would have replaced "ounces of gold" with "barrels of oil", or some such thing.

It's a perfectly valid comparison.

Gold is often used as a benchmark and is much, much more accurate than the jury-rigged government inflation statistics. Oil wouldn't make a good comparison as its price is so affected by supply -- as we're seeing now.

15 posted on 12/24/2014 8:08:26 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: BfloGuy
Gold is often used as a benchmark and is much, much more accurate than the jury-rigged government inflation statistics.

True that. But I wonder why there was no comparison to, say, silver or a bushel of corn. And I wonder just how meaningful a gold-Dow comparison really is.

24 posted on 12/24/2014 8:46:41 AM PST by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
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