OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

A self-winding calendar watch , stainless steel case , for $35 , brand new . I still have it somewhere in a drawer , I think .

The same watch today sells for $5600.00 … 160 X , WOW !

At that time , the US dollar was a silver certificate and could be exchanged at US banks for a silver dollar .

A US dollar also bought four Swiss francs , almost exactly .

Later , in 1974 , a grandmotherly friend from Yverdon CH where I had lived twelve years earlier visited her brother in Montreal and took the train to visit my family and see my newborn son a couple of hours from Montreal . She was complaining that the strong Swiss Franc was making Swiss products too expensive in global markets . That fostered the birth of Japanese watches such as Seiko , displacing Breitling , Rolex , etc.

Now it takes $1.25 to buy a Swiss franc , and that is after the Swiss gov’t has deliberately weakened the CHF .

So you are absolutely correct about the price of gold in CHF . In fact , had the Swiss gov’t not deliberately weakened the CHF , it would not surprise me if the CHF was over 10X what it was in 1962 US$ , not 5X !

I remember Armstrong saying something about gold will go up in earnest when it’s going up everywhere. That still doesn’t negate the fact it can rise even suddenly in individual countries like it did in the 70s here. That just shows you don’t need to be waiting  for others to act or be prepared if for whatever reason it’s happening to your country just because it’s not happening somewhere else. Even around 2008 the Swiss had to peg their currency to the euro because it was going up to a point it was affecting their exports making them too expensive. I remember that because I was watching currencies particularly the Swiss and going to start accumulating the Swiss franc and then they did that.. I bet that caused a bit of upset for anyone who jumped on board just before they slammed on the breaks.

That guy with the golf cart had a clever way to stop and capture vandals. Lol Maybe the police should start using something like that. Some kinda robotics. That wasn’t a personal squabble though. It happened a couple years ago with some out of state wanted nutcase. He was going around vandalizing property for no reason. Tried to tear a door off someone’s car, and others property then that guy’s house with rocks so he was a threat to the whole neighborhood and should of been in a mental facility. After the police got him out from under the golf cart he had more charges from damages to property.

I like their stand your ground laws.