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Money

Barter, Bargains, and Finding the Right Stuff

In this month's money segment, it's probably worth considering barter and how one would go about doing it, also, shopping for bargains in second-hand stores, ebay, looking for goods that may be inexpensive now but are likely to be more expensive in the future.

October 2025 Money page 8 looks at barter as an alternative to the rapidly-deteriorating purchasing power of the U.S. dollar, europe's euro and the pound and yen in England and Japan.

First, let's consider an alternative to the U.S. dollar (US$), specifically, gold.

Gold Fact 1 - On 25 August, 2972, the USA ceased redeeming gold for $35.00 an oz. The LBMA price was approximately $43.00 an ounce at that time.

Gold Fact 2 - As of Sep 8, 2025 the price of gold is approximately $3,630.00 an oz and has compounded at a rate of approximately 8.55% for approximately 54.07 years. The dollar has lost approximately 7.88% per annum for approximately 54.07 years against gold.

Gold Fact 3 - The dollar has lost approximately 98.82% of its value against gold since 25 Aug, 2972. The dollar is now 2.28% of its value against gold.

Gold Fact 4 -  Gold has beaten inflation by approximately 958% using data from the following site: In 2023 Dollars

If gold continues on its current average compounding rate of  approximately 8.55% for another 5 years, then gold will be valued at approximately $5,470.00 an oz at this time in 2030.  (((2.085504^5) × $3,630.00) = $5,470.96)

If the same respective rates for inflation and gold continue for another five years from today then you will have beaten inflation by approximately 2,262%.

If the aforementioned occurs then the dollar will have lost approximately 99.22% of its value against gold. The dollar will then have only approximately 0.79% of its value against gold and, in my opinion, it will be on its way to the dustbin of history like all the fiat currencies before it.

The dollar became the world reserve currency back when America was 90% white, as well as being the world's economic manufacturing powerhouse, biggest creditor nation, and a military superpower that the Gulf Arabs implicitly trusted to safeguard them against threats from the Soviet Union, and later, Iran. We were also a high-trust society with institutions of governance that by and large functioned as intended, with checks and balances, however imperfect. Our cities were the envy of the world, along with our modern infrastructure and solid educational system.

Now flash forward to today. Our former Constitutional Republic has become a rapacious oligarchy, presided over by a corrupt, on-the-take uniparty beholden only to its globalist oligarch and corporate patrons. The proportion of the white population has plummeted to below 50%, thanks to globalist open borders and Great Replacement immigration policies that have turned cities like Minneapolis into Mogadishu on the Mississippi and Los Angeles into a hotbed for La Raza separatists. We have a NYC con man as president who is for sale to the highest bidder and is almost certainly being blackmailed by Jeffrey Epstein's handlers.

As a nation, we are $37 trillion in debt, with our captured, feckless unparty rubber-stamping FedGov's profligate deficit spending, and the gold collar criminals at the Fed flooding the financial system with trillions in created-out-of-thin-air fiat currency, stealing value from every honestly earned dollar in existence in the process, and pauperizing the middle and working classes with the destruction of their purchasing power and standard of living.

Our institutions of governance have been subverted by Democrat-Bolshevik collectivists who share their globalist bankrollers' antipathy for the Constitution and Heritage America, as well as the Christian faith practiced by millions of Americans. Our former high-trust society has given way to systemic fraud, corruption, and grift, with the biggest criminals of all walking the corridors of power in Washington D.C., as our corrupt DoJ and FBI give them legal top cover.

Our feminized, DEI military inspires neither fear nor respect from allies or adversaries alike.

Democrat-Bolshevik malgovernance has turned our once-great cities into Doom Loops, where Soros DAs, Wakanda judicial officials, Democrat hug-a-thug criminal justice policies, and DEI policing have given free rein to the criminal element to caper with impunity. The hordes of Democrat-on-Arrival dependency voters and criminal invaders that flooded in across the Biden regime's open borders have no allegiance to our heritage and traditions, much like their Democrat accessories and enablers.

The conservative Gulf Arabs who acceded to the petrodollar being the world reserve currency must be privately appalled by the degeneracy and perversion that is the new normal in American society, and are now selling their oil priced in currencies such as the yuan and rupee.

In short, the dollar's days as world reserve currency are numbered. When producer nations start demanding physical gold, rather than debauched Fed confetti-money backed by nothing, for their goods and services, it's Game Over for the Fed's fiat currency fraud, as the resultant hyperinflation will lead to social unrest or worse. Got gold? Got silver? Got lead & brass?

Here’s an interesting calculation from poster CondZero at ZeroHedge:

Let's try to analyze this from (2) perspectives: U.S. vs Global.

Here is a more detailed but still concise summary of the key differences.

The core reason for the different gold prices ($80,000 vs. $15,000) is that we were solving for two different hypothetical scenarios.

1. Your Original Question & My Calculation (~$80,000 per ounce)

• Scenario: A strict, classical gold standard for the United States alone.

• Logic: The U.S. government promises that every dollar in circulation can be redeemed for a fixed amount of gold. To do this credibly, the total value of the gold in its vaults (Fort Knox) must equal the total value of the U.S. money supply (M2).

• Calculation: We divided the U.S. M2 money supply (~$21 Trillion) by the U.S. gold reserves (~261 million ounces).

• Result: ~$80,000/oz. This extremely high price highlights how massive the modern U.S. money supply is compared to the fixed amount of gold the government holds. It shows the practical difficulty of a single country returning to a gold standard.

2. The Jefferies Calculation (~$15,000 per ounce)

• Scenario: A broader, global reassessment of gold's monetary role, not a strict gold standard.

• Logic: This compares the scale of all the money in the world (Global M2) to the scale of all the gold ever mined (above-ground gold). It's not about redemption, but about valuing gold in a way that is proportional to the global fiat money system.

• Calculation: They divided the Global M2 money supply (~$100 Trillion) by all the gold in the world (~6.6 billion ounces).

• Result: ~$15,000/oz. This price is lower because the pool of gold used is about 25 times larger than just the U.S. reserves. The article argues that for gold to be a meaningful part of the international monetary system, its price would need to rise significantly toward this "implied value."

In essence: One figure is based on a U.S.-only backing scenario, which requires a astronomical price due to the limited U.S. gold reserves. The Jeffries figure is based on a global perspective with a much larger gold base, resulting in a high—but comparatively lower—theoretical price. Both calculations show that the current market price of gold is far below what would be needed for it to play a central role in backing the world's money.

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Untitled FASTPAGES: 1. Cover \ 2. From the Publisher's Desk \ 3. Contents /Credits \ 4. Calendar \ 5. State of the World \ 6. Feature \ 7. Sports \ 7a. Sports Extra \ 8. Money \ 9. Food & Drink \ 10. Books \ 11. Public Domain / Toast of the Town \ 12. Back Page \ Marketplace \ Daily Idler \ Home \ | idleguy.com October 2025 | Page 8