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>An almost hysterical antagonism towards the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
-Al Greenspan
Posted : October 8, 2010 10:49 am
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Gold = $1,347 per ounce at time of this reply.
Silver = $23.22.
Posted : October 8, 2010 2:27 pm