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re: Gold...why is it down?
Posted on 2/20/13 at 2:17 pm to goodgrin
Posted on 2/20/13 at 2:17 pm to goodgrin
So, in effect, the local purchasing value of a dollar is more tied to it's relationship relative to other countries (manipulated) currencies, than it is to the amount of dollars that our Fed prints? I understand how a currency war where they devalue their currency relative to ours, would increase the value of ours...but something in this equation don't make sense to me.
I guess that's why I dropped out of school and picked up a wrench.
Thanks guys!
I guess that's why I dropped out of school and picked up a wrench.
Thanks guys!
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