Comment: Yes, but the price of oil is

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Yes, but the price of oil is

Yes, but the price of oil is also being bid up by speculation. How does that factor into the calculation? I mean, forget about speculation; oil depends on so many things outside of the dollar's value. Look at the spikes when there were oil scares; obviously other things influence it.

"Making up ground" is not exactly a reasoning I am satisfied with. That can maybe happen over a couple of months; not over decades!

Also, look at how other currencies are doing. The Swiss haven't devalued their currency, yet their currency has not appreciated relative to the dollar very much.

The basic idea is that people do not solely value gold relative to its value to the US money supply. There are many other factors that go in.

Plan for eliminating the national debt in 10-20 years:


Specific cuts; defense spending: