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Nathan Lewis: $2067 Day

In recent weeks, it has taken about $2067 to buy an ounce of gold – an important landmark, although few today remember why. Basically, it is this: The dollar today is worth about a penny in 1930. From 1834 to the devaluation of 1933, the dollar's official value was 23.2 troy grains of gold. Since there are 480 troy grains in a troy ounce,

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Posted: December 31, 2023 Sunday 10:58 AM