There is a reason why gold is now over $1000/oz. OK one reason is a weak dollar. Back in 1929 an ounce of gold was approx twenty dollars an ounce. Well, you could back then with one ounce of gold rent a room for one month. In 2009 an ounce of gold is over $1000. And yes, you can still rent that very same room with that very same ounce of gold. What has gone down is the value of the dollar.
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