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I am unable to find any statistics about the average grams of gold held by people during the runup in prices in 70s and 80s. Can anyone locate such data?

http://jasonhommelforum.com/forums/showthread.php?t=222

2006-07-29 10:06:19 · 2 answers · asked by Shelby M 1 in Social Science Economics

2 answers

Very little, the increase in gold came from the Bush Brothers of Texas trying to corner the market on silver, which Increased the interest rate, because they were borrowing a major portion of the capital for their investments. it also bankruptedkrupeted them. P.S. no relationship to the Presidents Bush.

2006-07-30 08:55:06 · answer #1 · answered by Hannah's Grandpa 7 · 5 0

as an average person that was alive in the 70s and 80s, i did not own any gold.

2006-07-29 22:09:21 · answer #2 · answered by tweetymay 6 · 0 0

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