92 days to go… and another reason Obama sucks donkey balls.
Gold is over $1600.00 a troy ounce and while to the layman that might seem like a good thing it’s just the opposite. The higher gold prices become are reflected in the weakness of the American dollar – once we left the gold standard and went to a fiat currency which is money that is intrinsically useless; is used only as a medium of exchange and since wages and personal wealth have fallen substantially under Obama that means in simple terms you have to work much longer in 2012 to than you did in 2008 to net the same quantity of GOLD which has actual value. In 2008 gold was about $800 a troy ounce just 4 year later that price has doubled… somehow I doubt your wages have doubled.
And just has beef, fuel and nearly every other product has increased in price – for you that means you get a lot less stuff for a lot more money.