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Old 11-27-2012, 14:39   #1274
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Join Date: Sep 2009
Location: U.S.A.
Posts: 15,898
For gold to go to $50,000 ounce, everything else would have to go up as well. You'd be looking at $100 per gallon gas, etc. In other words, the dollar's value has collapsed.

If you think you're suddenly going to be able to buy a (in today's money) $1 million mansion for 20 ounces of gold, you're way off base.

Last edited by cowboy1964; 11-27-2012 at 14:40..
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