Wednesday, November 10, 2010
The Myth of Record-High Gold - NYTimes.com
The Myth of Record-High Gold - NYTimes.com: "Gold is at a record only if you fail to adjust for inflation. And you should almost always adjust for inflation. Otherwise, you end up with a series of meaningless records — Gold reaches record high! Oil reaches record high! Lettuce reaches record high! — that depend on the fact that a dollar in 2010 does not have the same value as a dollar did in, say, 1980."
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Not moderated but I do delete spam and I would rather that people not act like assholes.