MONEY: The gallon of gasoline standard

*** begin quote ***

I’ve been preaching silver to my friends. It’s shocking that people don’t recognize how devalued the dollar really is. A hockey team moved to Canada from Atlanta today and the radio guy said a few years ago that was unthinkable because the dollar vs canadian dollar was so lopsided Canadian businessmen couldn’t compete. The NFL wants a franchise is Toronto and again the writer referenced that the dollar being so weak allows Canadians to compete in signing players. I’ve also been following the disaster better know and the Federal Reserve- Bernake may be a smart guy and a depression era expert but he can’t get out of his own way and talks himself into trouble.

*** end quote ***

I like to use the 30¢ / gallon of gas (i.e., 3 silver dimes) and at today’s silver rule of thumb (20 x pre-64 face value) that means you have $6 for a gallon. :-) It’s so OBVIOUS! And, I remember gas at 20 with trading stamps and an ugly glass and the fellow cleaned the windshield, checked the oil, and spoke english. Argh!

# # # # #

Please leave a Reply