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Wall Street Bear Discussion Board »» Re: Here is I think the reason for the $42.22, it is the par value of a dollar
Re: Here is I think the reason for the $42.22, it is the par value of a dollar
mannfm11 - Mon, Sep 14, 2009 - 12:40 PM

That was the last official devaluation or setting of the price of gold on an international basis. Why the number who knows, but it could be contractual or it could be they just don't have a reason to change the price. Lower of cost or market could prevail somewhere still.

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OMG this is an incredible find, Rasputin. Many thanks!
FiduciaryBear - Sun, Sep 13, 2009 - 05:14 PM
They wouldn't be nearly as bankrupt if they would...
Rasputin - Sun, Sep 13, 2009 - 05:32 PM
Re: Here is I think the reason for the $42.22, it is the par value of a dollar
mannfm11 - Mon, Sep 14, 2009 - 12:40 PM
Yes, I had noticed that too
wrs - Sun, Sep 13, 2009 - 05:18 PM
Yes, WRS, and thus began the slippery slope...
Rasputin - Sun, Sep 13, 2009 - 05:50 PM
Re: Yes, I had noticed that too
remember - Sun, Sep 13, 2009 - 06:12 PM
Thanks, Remember. Now it's even more curious.
Rasputin - Sun, Sep 13, 2009 - 06:23 PM
Which brings up another interesting point...
Rasputin - Sun, Sep 13, 2009 - 06:30 PM
Heh, if ten million people each bought 25 Gold Eagles...
Rasputin - Sun, Sep 13, 2009 - 06:46 PM
Been `temporary' for about a year now! LOL! [ NT ]
P2 Lodge - Sun, Sep 13, 2009 - 06:48 PM
I sense the situation is unravelling - OCICBW [ NT ]
FiduciaryBear - Sun, Sep 13, 2009 - 07:21 PM
I remember reading through FED docs in 2006
meg-abear - Mon, Sep 14, 2009 - 08:24 AM

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