The Value of Gold is Stable. But Paper Money’s Decreased

Agus Nizami

The value of Gold compare with other commodities such as oil remain stable: – Consequently, the price of gold rose from $35 per troy ounce (1.125 $/g) in 1969 to almost $500 (…29 $/g) in 1980.This graph shows the final closing value of the U.S. dollar for each calendar year. Value is measured in milligrams of gold. By this measure the U.S. dollar lost a great amount of value during the 1970s.
Shortly after the gold price started its ascent in the early 1970s, the price of other commodities such as oil also began to rise. While commodity prices became more volatile, the average exchange rate between oil and gold remained much the same in the 1990s as it had been in the 1960s, 1970s and 1980s.
  • Sayed Saleh and David Jeremiah like this.
    • Jim Lochead Agus..they don’t care..and we don’t have a time machine to go back..the IPM (invisible puppet masters) are going to continue to do their dirty deeds..while over 90% of the world struggles to survive, these parasites have DOUBLED their wealth..and they will continue to use their employees the smiling but hateful politicians to surround us in NEGATIVE NATIONALISM so that we kill each other..turn the guns around..

      Tuesday at 8:48am · 
    • Agus Nizami THEY don’t care. Yet, WE are Strong. In Indonesia ( we sell and buy Gold and Silver Money (US$ 200 and US$ 8). We could convert them into paper money. We could also use them as money. My higama clinic (for hypertension and diabetes therapy) and also other businessmen here accept the money. We don’t need time machine. We just need a strong will and ACTION!

      9 hours ago · 
    • Jim Lochead

      Agus..the WE in Indonesia..I am guessing that you have a 10 figure bank account..I would guess that about 80% of the world’s population has far less gold then does the single family of Rothschilds..the gold that is being bought up is not be…See More
      about an hour ago ·  ·  1 person
    • Agus Nizami

      One at a time my friend. A journey of 1000 miles could consist of a million steps. If we don’t take any single step, we won’t go nowhere. Untill now our “system” work. My family also at least have 30 grams of gold though we are not rich. I am sure you all have more. That’s enough for our daily life money. Then we will try that every gold and silver mine should be run by state owned companies because the natural resources belong to the people. Not to a few mining firms…
      18 minutes ago ·  ·  1 person
    • David Jeremiah Gold and Silver is at Best a Protection/ Insurance in Times such as these when The Printing of Paper money makes Paper money Unreliable. You buy Gold TO PROTECT not to Invest. Gold did not increase in value. The paper Currency Decreased in Value.

      4 minutes ago · 
      Pesan Jim:
      Jim Lochead April 29 at 3:18pm Report
      On the post that got deleted..I agree, fight your enemies and drive them back to where they came..if only THE GOOD PEOPLE ON THE GROUND in America could see (and they really do know) what the imperialists are doing intheir name and realize that words can be used in a positive way to help people and in a negative way to destroy..some of us are NOT afraid of words, only negative people who use them to steal..
      Agus Nizami April 29 at 3:34pm
      Thanks Jim for sending message privately. I checked the post it’s still there.
      If the majority people in the world prosper, it will be better for all of us.
      When most people poor, we all will be miserable. We hardly sell anything. Crime rate and terrorism will rise. Only a few people could enjoy this situation…

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