KAEP.Please note.Gold in 1950 was $35 per oz with average yearly wages of $1500.Ratio of wages to gold was 43:1. Today gold is $1450 per oz with average wages of $67,000 pa.Ratio of wages to gold is 46:1 Not much difference.

The economic crisis today in terms of inflationary money with derivatives is far worse than the Great Depression.World GDP is $70 trillion and the derivative market is $700 trillion.

This is why everyone who understands the madness is buying gold.

Its quite obvious that the yanks believe they are the intergalactic police & consequently need to be in the middle of any stoush whether or not it constitutes a risk to their country. For some unfathomable reason, the clowns we elect to run our country are incapable of telling the yanks to rack off hairy legs. If the red-headed witch and the RAbbott had any decency, they would don military uniform and personally lead the troops into battle. The kiwis manage to keep their noses out of yankee conflicts without being overrun by ferals. As far as I'm aware, unlike yankeeland & Australia, kiwiland isn't even on the jihadists radar. Maybe the fact that the sheep chasers have the nous to mind their own business could be a factor.