Jim Rogers - Gold Seek Radio Nugget - 11-03-09 - Part 1

[Aurigalive]

silver is more attractive than gold !

[cultivatelife]

What the heck is a "Rebrowned" @ 0:33?

[proxy4718]

$850 for silver adjusted for inflation when columbus discovered america? how do u adjust for inflation when comparing a feudal kingdom with practically no machines to the information age?

[dragonsjaws]

To get inflation adjusted prices for 1492, you would measure the price of the commodity in the currency of the day, up until the US Dollar came on the scene 200 years ago. Adjust all that for inflation, and voila, you have the inflation adjusted price of silver or other commodity in 1492. Granted, overall inflation is not always easy to measure. But at least you have a rough idea that silver was much more valuable in relative terms in the past.