Gold - yes, it's metal
On Wed, 19 Mar 2008 16:47:43 -0500, Richard J Kinch
wrote:
cavelamb himself writes:
Gold prices drop $50 in New York trading today.
Gold was $30-something in the 1960s, when crude-bbl was $3-something and
gasoline-gallon was $0.30-something. That's a neat 100:10:1.
Now gold is $1000-something, crude $100, and gasoline $3-something.
100:10:0.3.
So either gasoline is way underpriced, or gold and crude are way
overpriced. Let's hope it's the latter.
Interesting observation, Richard!
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