The price of gold peaked out in real terms in 1979 at over $2,000 in today’s money. Briefly, an ounce of gold was so loved – and stocks so despised – that you could buy all the stocks in the Dow index for just a single ounce of gold.
September 21st, 2009 | Bill Bonner | 23 comments | Continued
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All Ordinaries 4318.900 -40.500
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Gold Sep 11 0.00 0.00
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2012-02-14 00:39 Most Comments
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