Such a hypothesis, in our opinion, does
much to explain the incongruity
of a declining gold price while fundamentals for paper
currency, and the US dollar in
particular, obviously deteriorate; while demand for physical gold has exceeded new mine supply for several years running; and while above - ground 400 - ounce.999 gold bars located in London, New York, and other financial capitals (in cohabitation with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.
That said, I think it's hard to come up with a generalized value for a
particular currency — it depends on where you want to go, what class
of travel you want, and how
much fuel surcharges and fees matter.