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therevolutionwas
Member since May 2012
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has posted a comment on the article :
>Valuing gold  - Alasdair Macleod - Finance and Eco.
On the one hand, I enjoy being able to purchase more metal at a price that is suppressed; on the other hand there are all the other things -life savings being destroyed, creeping inflation making everything a little more expensive, an awful future in front of us....I could go on. Hey, cheap metal prices. woo-hoo!

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Beginning of the headline :Recently the GoldMoney Foundation published an article proposing a new measure of money supply, the Fiat Money Quantity (FMQ), so that a direct comparison can be made between gold and currency, principally US dollars. This has two important functions: it allows economists to compare sound money with fiat currency for the purpose of monetary analysis, and it allows us to adjust the price of gold in dollars to allow for both the increase in the quantity of FMQ and also the accumulating addition of... Read More
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