Oil Price, in US$, Euro, and Gold

Who says oil price has surged? Not if we’re still on Gold Standard:

(http://www.resourceinvestor.com/pebble.asp?relid=42919)

And yes, it’s also true if we measure it in silver, gas price has actually became cheaper: http://bkmarcus.com/blog/2008/05/the-silver-price-for-gas.

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4 Comments »

  1. Brian said

    Thats great. Too bad the amount of silver in a dime today is about 3% what it was in 1964.

  2. borderline said

    Borderline says : I absolutely agree with this !

  3. Calumniate said

    Somehow i missed the point. Probably lost in translation 🙂 Anyway … nice blog to visit.

    cheers, Calumniate

  4. Hello intelligent points.. now why didn’t I consider these?

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