i'm expecting us$1691.40 gold ..., page-15

I beg to differ.

Gold has an intrinsic value — that unlike other currencies it is valuable in and of itself.

Therefore the value of gold can never change, after 2,000 years it still buys exactly the same thing.

"... one ounce of gold today would buy you a suit, a belt, a shirt and a pair of shoes. One ounce of gold in 1900 would do the same. One ounce of gold at the founding of the country would do the same. And some have said that going back to Roman times it would have bought the equivalent."

It is obvious that what changes is the value of the paper currencies during their journey to oblivion.

So if the pog is now $1220 instead of $1800 that is because the dollar has appreciated in relation to gold. Remember that gold today or in 33 days time is or will still be buying you a suit, a belt, a shirt and a pair of shoes.