I know, I was talking about his unmarried daughter, who will likely turn into either a dyke, or get caught making porn... There's no question that on a relative basis, things are better here...but it's slipping and slipping quickly, no doubt thanks to a populace who turn a blind eye as to what's going on under the surface... Well shit, if the Dow was at 700 25 years ago, and it's at 11000 now, things must be good, right? our elected officials continue to break the most heinous laws they are not securing the borders they continue to expand the empire they lie lie and lie some more All this is making us less safe and if you don't see that, then you have been blinded by the Ipod / Starbucks / Fox News euphoria... Rome is burning... Your stats are what is coming.. Unemployment, BTW, is probably closer to 10% than 5%.. Same with inflation.. The S&P, in real terms, is trading 13 year lows... Here's some more stats.. If we were on a gold standard, crude oil would be $4 / barrel.. Our arrangement with the Saudis has all but assured that your children and children's children will be fighting wars 6000 miles away for the next several generations....
How can you come up with this statement? Just by taking today's gold prices and doing simple math? You can't do that - I mean, you can, but you're completely wrong. If we were on a gold standard, the dollar wouldn't be this low, gold wouldn't be this high, and neither would crude. But it wouldn't be $4 a barrel for certain - but much higher.
He's not "rite". Drawing a chart only does a mathematical correlation. It doesn't take into account supply/demand of crude. Only dollar weakness as it is today. Who knows what would have happened if we had a gold standard? If there was no Fed? etc.