TRUE BORN SONS OF LIBERTY
Die Gedanken sind frei, except I'm not allowed to publish all of them.
Sunday, May 22, 2011
Louis Woodhill Thinks Gold at $218 the Ounce is About Right
Here
, based in large measure on what it can buy, in relative terms.
Here's a similar way to look at it from measuringworth.com, using the 1913 price of gold in dollars:
Either way you cut it, gold is presently overvalued.
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