"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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Dan, what inflation number do you use to adjust your gold price?
ReplyDeletecswake - I use the official CPI numbers even though I realize that they are a total fabrication. Still, it does provide an approximation as to how gold is faring on an inflation adjusted basis because we all realize by now that the numbers being generated by the feds are the low end of what the true rate of inflation actually is.
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