Richard M. Salsman

Richard M. Salsman Articles

Gold Still the Standard
By Richard M. Salsman - July 23, 1999
Most economists and financial journalists continue to misidentify the meaning of the fall in the U.S. dollar price of gold. That price has plummeted from about $300 per ounce a year ago to near $250 recently. To most observers, this means...
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The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.

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