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#273 (permalink) | |
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Registered User
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Quote:
It is referring to the Federal Reserve Act, the Coinage Act of 1873, and the Coinage Act of 1792. Gold and silver, bitchez! I'm going to say it again! Historical Gold Charts and Data - London Fix Gasoline Price History (this is similar to what I paid in Texas over the years) Year gas price gold price gallons of gas 2000 1.50-1.75 275 157 2003 1.66-1.91 350 210 2006 2.45-3.21 600 183 2009 2.03-2.91 970 333 2011 3.34-4.19 1500 357 2012 3.69 1630 441 So, you can see that in 2000, an ounce of gold only bought 157 gallons of gas, six years later, gold bought 183 gallons, and three years later bought 333 gallons, and today buys just over 440 gallons of gas. It is the cheapest in gold terms so far during this century. YOUR problem is that your dollar is losing value against gas. In fact, it's losing value against everything else except other CURRENCIES that are being weakened somewhat faster to maintain the competitive export advantage countries have to the US. Only problem with that in the international sense is that it causes price rises, especially food prices, which cause riots in those countries affected because their food budget is a much greater portion of monthly income than we are used to seeing in the US. The US Dollar is losing value because the Fed continues to PRINT MONEY out of thin air. Printing money faster than the rate of population growth or economic growth causes inflation. Using gold/silver as money prevents this for the most part, as it is not easy to mine faster than population growth even with today's modern technology. Look at South Africa with its declining gold mining industry. |
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#284 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,652
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Still way over $4 here in the OC. Saw $4.65 on the CA/AZ border last week.
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Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#285 (permalink) | |
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Aparecium Deletrius Legil
![]() Join Date: Apr 2007
Location: The Soprano State
Posts: 60,540
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Quote:
it's much cheaper around here because NJ is one of the major oil transport routes and refineries here. the further gas supply gets delivered to a location, the more expensive it is. for your area, it's a damn shame West Coast is suffering from high gas cost because of Hurricane Katrina and Deepwater Horizon oil rig fire. or there might be other reason for high gas cost in California.... maybe it's part of its aggressive pollution control policy. either way... I'm glad I'm never ever gonna live in California.
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#290 (permalink) |
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Aparecium Deletrius Legil
![]() Join Date: Apr 2007
Location: The Soprano State
Posts: 60,540
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going and going dooowwwnnnnn
![]() there you go, folks. no $5 here or there anytime soon so looks like we'll have a good summer traveling season!
__________________
- Don't forget to buy Jiro's Special Edition Sunglasses for $19.95
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#291 (permalink) |
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Registered User
Join Date: Feb 2012
Location: Toronto
Posts: 614
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In South Wales it's about GBP £1.35 per LITRE for unleaded (that's USD $2.19), or $7 a gallon. Count your blessings.
EDIT: In real world terms, that's almost $105 to fill up my car (Celica, so nothing huge) or $24 for my bike. Last edited by metalangel; 05-14-2012 at 11:41 AM. |
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#299 (permalink) |
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Registered User
Join Date: Jun 2006
Location: In the Batcave
Posts: 9,534
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$2.04 a litre here...in NZD...
it has dropped from te peak about 2.25 a litre (for a regular not super) so it has gone down NZD .20C over the last 3 months
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"Problems cannot be solved at the same level of awareness that created them." Albert Einstein |
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