KW>   Re: party of the working class   
    KW>   By: Matt Munson to All on Mon Jul 23 2012 09:53 pm   
      
    >> Third I would like to see Congress members Baca and Chu support Ron Paul's   
    >> Federal Reserve Transparency Act of 2011. It is disgusting how our   
   purchasin   
    >> power has went down the toilet where the US dollar lost 97% of its gold   
   valu   
    >> since when we got off the gold standard in 1971.   
      
    KW> Ron Paul has a great talking point regarding the increase   
    KW> in precious metals prices over the years. An ounce of gold   
    KW> still buys roughly the same as it did in 1971 - the price   
    KW> increase is a result of the devaluation of the curency   
    KW> purchasing it, not an increase in value of the metal. ---   
      
    Currently the price of gold is in a bubble. Before that it was   
    in the trash heap. Gold has not kept up in value, it has prove a   
    lousy investment over the decades.   
      
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
   ... Cum catapultae proscriptae erunt tum soli proscripti catapultas   
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