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DollarDaze
Where is the dollar heading? Why are the prices of everything going up while my wages are stagnating? Do deficits matter? Is the price of gold indicative of a market mania? Why is there so much fuss over the Fed?
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“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”
- John Maynard Keynes, 1936
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Bullion Dealers
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Bullion DealersWhy buy gold? Many people are turning to gold as a safe haven in these economically troubled times. The intrinsic value of gold has remained very stable over the past 200 years, while the value of world currencies has steadily declined. To put it in simple terms, if the value of the U.S. dollar drops dramatically in the near future - as many speculate it will - those who have their wealth stored in the form of U.S. dollars (T-Bills, Term Deposits, etc.) will see the purchasing power of their savings decimated. Those who store their assets in the form of physical resources, such as gold bullion, will almost certainly have their wealth preserved. "What originally cost 20 dollars in 1800 cost 216.86 dollars in 2005. Yet one ounce of gold still purchases today what it did 200 years ago. In fact it is tending to purchase more." (GoldPrice.org) Online Retailers - Current Prices in USD![]()
Gold
Platinum
Silver
Prices as of September 8, 2010 at 5:00am Pacific Time
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Gold
Platinum
Silver
Prices as of September 8, 2010 at 5:00am Pacific Time
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Gold
Silver
Prices as of March 25, 2010 at 11:00pm Pacific Time
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Gold
Platinum
Silver
Prices as of September 8, 2010 at 5:00am Pacific Time
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Gold
Prices as of September 8, 2010 at 5:00am Pacific Time
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