- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: GOLD... what could this rise really mean ?
Posted on 10/21/25 at 8:35 pm to Dawgfanman
Posted on 10/21/25 at 8:35 pm to Dawgfanman
quote:
Just used the calculator and it says 3 cents in 2013 is 4 cents today
My bad. Fixed now. I meant 1913.
0
Posted on 10/22/25 at 7:36 am to RoyalWe
Thanks. I learned something today.
Posted on 10/22/25 at 10:13 am to lsuconnman
FDR did no such thing.
Posted on 10/22/25 at 10:56 am to hometownhero89
quote:It’s a good indicator of monetary inflation which is different than price inflation. Price inflation is the form of inflation we commonly refer to. Monetary inflation captures currency debasement.
Never understood this premise. Alan Greenspan shared that gold price is the main inflation indicator.
All else equal, the formula below is true:
monetary inflation - productivity = price inflation.
Posted on 10/22/25 at 11:09 am to RollTide4Ever
How would you summarize his actions?
quote:
Executive Order 6102: On April 5, 1933, Roosevelt issued the executive order under the authority of the Trading with the Enemy Act of 1917. The order required Americans to deliver their gold to the Federal Reserve in exchange for $20.67 per troy ounce.
Posted on 10/22/25 at 11:09 am to beaverfever
quote:The problem being productivity is harder to measure in service economies and doesn't capture quality improvements or new products well.
monetary inflation - productivity = price inflation.
Greenspan was using gold as a signal of monetary excess specifically, not as a comprehensive inflation predictor. He was essentially asking: "Is there too much money being created relative to the economy's capacity?"
i.e., "inflation is always and everywhere a monetary phenomenon"
Posted on 10/23/25 at 6:30 am to lsuconnman
That's just an order and he intended to default on the debt hence the move. The vast majority of gold was never turned in by Americans.
Posted on 10/23/25 at 10:53 am to RollTide4Ever
quote:
The vast majority of gold was never turned in by Americans.
This is absolutely the case.
Regardless, now is not the time to be dip-buying gold .... the USD is in the process of rallying
This post was edited on 10/23/25 at 11:26 am
Posted on 10/23/25 at 12:47 pm to cadillacattack
Imma disagree on that.
Posted on 10/23/25 at 4:25 pm to Zilla
Gold soars, treasury sells its gold and moves to crypto which then skyrockets which then covers our debts!
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News