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Path: utzoo!watmath!watdaisy!ndiamond
From: ndiamond@watdaisy.UUCP (Norman Diamond)
Newsgroups: net.misc
Subject: Re:Re: Re: Why do eyeglass frames cost so much?
Message-ID: <7002@watdaisy.UUCP>
Date: Sat, 23-Feb-85 16:59:10 EST
Article-I.D.: watdaisy.7002
Posted: Sat Feb 23 16:59:10 1985
Date-Received: Tue, 26-Feb-85 20:28:11 EST
References: <2950@cbneb.UUCP> <478@ahuta.UUCP>, <601@wlcrjs.UUCP> <933@hound.UUCP>, <6993@watdaisy.UUCP> <946@hound.UUCP>
Organization: U of Waterloo, Ontario
Lines: 19

> One of us is nutty as a fruitcake. When did the US throw in the sponge
> on $35 /oz gold? Seems to me it was within the last decade. 
> -- Dick Grantges  hound!rfg

U.S. citizens were trading gold at the same price as the rest of the world,
around $200 in 1971, and around $110 in 1974.  Same for around $295 now.

If you believe the U.S. government's price for gold (and the implication that
inflation doesn't exist anywhere else in the economy either), I've got tonnes
of stuff to sell you.  Unless it's gold, in which case I'd buy it from you :-)
-- 

   Norman Diamond

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"Opinions are those of the keyboard, and do not reflect on me or higher-ups."