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As an immediate step, Germany is to pay within two years £1,000,000,000 in either gold, goods, ships or other forms of payment.
In the lobby of the Ojai Rancho Inn, San Francisco's Gravel & Gold Goods maintains a satellite presence, thanks to the welcoming attitude of the motel's operators and arbiters of neo-bohemian cool, Kenny Osehan and Chris Sewell.
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To summarize: when monetary policy more closely resembles a gold standard system (that is, the value of the dollar is more stable vs. gold), good things happen; and when it does not, bad things happen.
I wear a gold good luck piece around my neck.
The rogue ship I mentioned four years ago, Fannie Mae, has finally capsized and the results are seeping into inflationary expectations for the dollar (bad) and gold (good).
A weaker dollar is good for gold and good for commodities.
Chemical frequently used the refrain "Good as gold then, good as gold today" in advertisements from the 1860s well into the 20th century.
Gold is good too.
"Gold looks good on my skin," she says.
It's probably too late for any kind of imaging to do Gold much good now, anyway.
UK Gold is good if you're having a quiet beer and want Dad's Army on in the background.
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