Monday, November 06, 2006

You Can Take Gold Out Of The Standard, But You Can't Take the Standard Out Of Gold

I've been screaming that phrase so loud that apparently even the Wall Street Journal heard me.

According to the Club for Growth, this morning's WSJ editorial deplored the Fed's handling of our money and endorsed a "price rule." CFG believes the WSJ's recommended durable commodities for the basket would "almost certainly" include gold.

Basket of Gold
[Thanks to jackshainman.com for the photo.]

Could it be that I'm becoming mainstream? I must be dreaming. The Wall Street Journal touting a standard?

Do you suppose our tiny voices are being heard? That would be too good to be true.

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