...@skol Found something to help, just hope it does start a stampede over the edge of the Flat earth we live on...
"As of August 14, 2015, the price of a dollar amounts to a flyspeck of gold: 0.0278 grams of gold. That's 2.78 hundredths of a gram.
The idea of a "Dollar price of gold" is a mistaken idea, although universally shared. Just as mistaken as the idea that the Sun revolves around the Earth. Gold is the most highly demanded of all things in this world. Every single gram of gold in the world is owned by someone - either directly as personal property, or through legal participation in Funds owning gold. Ownership implies demand. You are exercising Demand for everything that you own: if you are not exercising Demand for something, you get rid of it; either you sell it, or give it away, or throw it away."
...The dollar, like all fiat currencies through the ages, is on its way to meeting its doom: the moment when no one will want to spend even a flyspeck of gold on purchasing a dollar...
