PRESENTING: The Ron Paul Gasoline Index

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Wednesday, February 29, 2012 PRESENTING: The Ron Paul Gasoline Index Ron Paul hectored Ben Bernanke in Congress, slamming him for printing paper money and lying about the true rate of inflation. At one point, he held up a silver coin, and talked about how much gasoline he could get with it, and how silver retained its value over time (unlike the dollar). Anyway, we've never seen anyone measure gasoline against silver before, so we thought we'd do it. The chart above shows how many gallons of gas you could get with an oz. of silver going back to 1990. Back in about 1990, an ounce of silver only got you 4 gallons of gas. But as of very recently it got you 12 gallons of gas. However, thanks to the gas price surge and the fall in the price of silver, that's now down to 8 gallons per oz. So while that ounce of silver has done better than the dollar over time, it's still no ringing endorsement for price stability. Read » Also On Money Game Today: This Uncharted Asian Country Has Everything Investors Are Looking For The Last Time The Stock Market Started Like This, We Ended Up With An INSANE Rally STOCKS FALL AFTER BERNANKE SPEAKS: Here's What You Need To Know How Vladimir Putin Runs Russia's Gazprom Like A Crime Syndicate Advertisement CHART OF THE DAY: The Housing Triple Dip CHART OF THE DAY: By This Measure, Stocks Are Still Incredibly Cheap CHART OF THE DAY: The People-Snowed-In Index Is At Its Lowest Level In A Decade Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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