why was 1980 gold high?
the gold boom, then and now : planet money in january, 1980, the price of gold went through the roof. the rise was driven by worries that sound familiar today — inflation, a lack of faith in governments.
gold makes them crazy......😂😂😂😂 because they had a huge hold on the agriculture at the time. mainly tobacco and cotton. **gold is gold** and the same price everywhere-very expensive right now-but the low cost of labour here makes it a good buy,plus the amazing designs available. all gold is hall marked. i have never been able to figure that out because --

- reagan presided over the wholesale dismantling of our industrial infrastructure for short term profits for the very wealthy, who were already making record profits, and to destroy the unions. millions of people were thrown out of work, and the remaining workers were told to work twice as hard. our productivity increased +45%, but wages for working people remained frozen. we were encouraged to borrow money until household debt was nearly 100% of gdp. personal bankruptcies went up +610%. incarcerations went up +355%. anti-depressants went up +305%. health care costs went up +78%. the ratio of ceo pay to worker pay went up +649%.

- "trickle-down" worked exactly as intended, to benefit the wealthiest at the expense of working class americans. it increased economic inequality and shifted most of america's wealth to the top.

- republicans then went after education – doing away with civics classes and making education another brass ring that could be grasped only by accumulating massive debt. debt served to create a society of indentured servants who may think they work for xyz company, but really work for the bank.

- one of the last pieces of this recipe for oligarchy was to deregulate the media. reagan did away with media ownership laws as well as the fairness doctrine, which made propagandists like rush limbaugh possible. the airwaves were then flooded with pro-corporate, anti-worker republican propaganda to keep the people stupid enough to vote republican.

- inequality grew by leaps and bounds under reagan. 

- as governor, reagan oversaw the largest tax increase in californian history. democratic governor jerry brown cut back the tax rate when he came to office. 
 
- as president, reagan expanded the federal government by about 90%. reagan allowed the welfare state to enlarge and the military budget to explode causing monstrous budget deficits and government growth that dwarfs government growth under clinton, even when clinton had a democratic congress. the number of federal workers rose 61,000 under reagan, as opposed to clinton who cut 373,000 jobs.

 - reagan also bombed libya, put the "war" in war on drugs, allowed the continuation of selective service registration (despite his campaign promise to end it), helped the khmer rouge terrorize thailand, imposed brutal trade sanctions on nicaragua, funded the murderous brutal contras, sold missiles to iran, gave assistance to saddam hussein and osama bin laden, and lied to the american people. 

 - the foreign policy of ronald reagan did more to impoverish and kill the poor and helpless humans of the world than any world leader before or since - with the possible exception of gwb. he was going to defeat communism (which was already falling of its own weight) and he didn't care how many children were burned alive or how many people starved to death on the way.

 - in 1988, reagan’s last year in office, outlays as a percent of gdp were running at 21.3% with a deficit of 3.1% of gdp. the budget deficit over reagan’s eight years averaged 4.2% and ran as high as 6.0% in 1983. (in 1980, the last year of jimmy carter’s presidency, government outlays were running at 21.7% of gdp and the budget deficit was 2.7% of gdp.) 

- reagan raised taxes twice in 1982, and then raised them again in 1983, 1984, 1985, 1986, and 1987. in spite of all those tax hikes, reagan didn't grow his way out of the deficits caused by his 1981 tax cut.

- it took an eighth tax hike from george bush sr. in 1989, a ninth in 1990, a tenth from bill clinton in 1993, and then another economic boom to erase reagan’s deficit. sure, a strong economy helped, but without all those tax increases the deficit would never have disappeared.

-reagan increased unemployment from 7% to 11% in his first three years. the unemployment rate did not get better until his fourth year.

- reagan taxed the wealthy at 50%. (governing to the right of reagan, obama taxes the wealthy at 35%.)

- ideologically, he was a hater and an imperialist and far-right loony-tune. he hated the poor. he hated gays. he hated leftists. he hated communists - and he was pretty sure you were one if you disagreed with him. he never met a social program he didn't scorn. he never met an american in need he wanted to help. his response to the aids epidemic is one of the most sickening cold-blooded expressions of pure murderous political evil in the history of the earth. 

- then there was iran-contra, the infamous orgy of unfettered criminality at the heart of the reagan legacy. look it up. rogues, liars, crooks, murderers and ignorant heartless scum surrounded reagan at all times. 

## * 1330 - edward the black prince, prince of wales (d. 1376)
 * 1594 - nicolas poussin, french painter (d. 1665)
 * 1623 - cornelis de witt, dutch politician (d. 1672)
 * 1624 - hiob ludolf, german orientalist (d. 1704)
 * 1640 - bernard lamy, french mathematician (d. 1715)
 * 1755 - antoine françois, comte de fourcroy, french chemist (d. 1809)
 * 1765 - johann gottlieb friedrich von bohnenberger, german mathematician (d. 1831)
 * 1767 - rachel donelson jackson, first lady of the united states (d. 1828)
 * 1789 - josiah henson, american slave and settlement founder (d. 1883)
 * 1801 - benjamin raymond, mayor of chicago (d. 1883)
 * 1805 - william butler ogden, first mayor of chicago (d. 1877)
 * 1809 - françois-xavier garneau, french canadian poet and historian (d. 1866)
 * 1843 - edvard grieg, norwegian composer (d. 1907)
 * 1875 - herman smith-johannsen, cross-country skier (d. 1987)
 * 1882 - ion antonescu, prime minister of romania (d. 1946)
 * 1884 - harry langdon, american actor (d. 1944)
 * 1888 - ramón lópez velarde, mexican poet (d. 1921)
 * 1894 - nikolai chebotaryov, ukrainian mathematician (d. 1947)
 * 1894 - robert russell bennett, american composer and arranger (d. 1981)
 * 1900 - gotthard günther, german philosopher (d. 1984)
 * 1900 - otto luening, german-american composer (d. 1996)
 * 1902 - erik erikson, psychoanalyst (d. 1994)
 * 1906 - léon degrelle, belgian ss officer (d. 1994)
 * 1908 - sam giancana, american mafioso (d. 1975)
 * 1910 - david rose, american songwriter, composer and orchestra leader (d. 1990)
 * 1911 - w.v. awdry, british children's writer (d. 1997)
 * 1914 - yuri andropov, general secretary of the communist party of the soviet union (d. 1984)
 * 1914 - saul steinberg, romanian-american cartoonist (d. 1999)
 * 1915 - thomas huckle weller, american virologist, recipient of the nobel prize in physiology or medicine
 * 1916 - herbert simon, american economist, nobel prize laureate (d. 2001)
 * 1917 - john fenn, american chemist, nobel prize laureate
 * 1917 - lash la rue, american actor (d. 1996)
 * 1917 - michalis genitsaris, greek singer and composer (d. 2005)
 * 1920 - alberto sordi, italian actor and director (d. 2003)
 * 1921 - errol garner, american musician (d. 1977)
 * 1922 - john veale, english composer (d. 2006)
 * 1924 - ezer weizman, 7th president of israel (d. 2005)
 * 1926 - shigeru kayano, japanese ainu activist (d. 2006)
 * 1927 - ibn-e-insha, pakistani humourist and urdu poet (d. 1978)
 * 1930 - marcel pronovost, professional ice hockey player
 * 1932 - mario cuomo, governor of new york
 * 1933 - sergio endrigo, italian singer (d. 2005)
 * 1936 - william joseph levada, american catholic prelate
 * 1937 - waylon jennings, american singer (d. 2002)
 * 1938 - billy williams, baseball player
 * 1939 - ward connerly, american political figure
 * 1939 - brian jacques, british author
 * 1941 - harry nilsson, american singer and composer (d. 1994)
 * 1942 - john e. mclaughlin, former deputy director of the central intelligence agency
 * 1943 - xaviera hollander, dutch author
 * 1943 - poul nyrup rasmussen, prime minister of denmark
 * 1943 - johnny hallyday, french singer and actor
 * 1943 - muff winwood, british songwriter, producer and bassist (spencer davis group)
 * 1945 - miriam defensor-santiago, philippine senator
 * 1945 - nicola pagett, british actress
 * 1946 - noddy holder, british singer (slade)
 * 1946 - demis roussos, greek singer
 * 1947 - john hoagland, american photographer
 * 1948 - mike holmgren, american football coach
 * 1949 - dusty baker, baseball player and manager
 * 1949 - simon callow, british actor
 * 1949 - russell hitchcock, member of air supply
 * 1949 - jim varney, american actor (d. 2000)
 * 1950 - lakshmi mittal, indian industrialist
 * 1951 - steve walsh, american singer (kansas)
 * 1953 - rita lee, playboy playmate
 * 1954 - james belushi, american actor
 * 1954 - paul rusesabagina, manager of hôtel des mille collines during the rwandan genocide
 * 1955 - julie hagerty, american actress
 * 1957 - seppo pääkkönen, finnish actor
 * 1958 - wade boggs, baseball player
 * 1958 - riccardo paletti, italian racing driver (d. 1982)
 * 1959 - eileen davidson, american actress
 * 1960 - michèle laroque, french actress
 * 1960 - marieke van doorn, dutch field hockey player
 * 1961 - kai eckhardt, german musician (garaj mahal)
 * 1961 - dave mcauley, northern irish boxer
 * 1961 - yoshimi iwasaki, japanese singer/actress
 * 1962 - andrea rost, hungarian soprano
 * 1963 - helen hunt, american actress
 * 1963 - nigel walker, welsh athlete and rugby union player
 * 1964 - courteney cox, american actress
 * 1964 - michael laudrup, danish footballer
 * 1965 - adam smith, american politician
 * 1966 - idalis deleon, american actress/singer
 * 1967 - yuji ueda, japanese voice actor
 * 1968 - oh dal-su, south korean actor
 * 1969 - ice cube, american rapper
 * 1969 - oliver kahn, german footballer
 * 1969 - cédric pioline, french tennis player
 * 1969 - maurice odumbe, kenyan cricket player
 * 1970 - leah remini, american actress
 * 1970 - gaëlle méchaly, french soprano
 * 1971 - edwin brienen, dutch director
 * 1971 - bif naked, canadian musician
 * 1971 - nathan astle, new zealand cricket player
 * 1972 - justin leonard, american golfer
 * 1972 - andy pettitte, american baseball player
 * 1972 - marcus hahnemann, american footballer
 * 1972 - hank von helvete, turbonegro frontman
 * 1973 - neil patrick harris, american actor
 * 1973 - tore andré flo, norwegian footballer
 * 1973 - pia miranda, australian actress
 * 1973 - greg vaughan, american actor
 * 1975 - elizabeth reaser, american actress
 * 1975 - rachel wacholder, american beach volleyballer
 * 1976 - gary lightbody, irish musician (snow patrol)
 * 1977 - nina liu, australian actress
 * 1978 - wilfred bouma, dutch footballer
 * 1978 - zach day, american baseball player
 * 1979 - yulia nestsiarenka, belarusian athlete
 * 1979 - julia schultz, american model
 * 1980 - mary carey, american pornographic actress
 * 1980 - christopher castile, american actor
 * 1980 - almudena cid, spanish gymnast
 * 1980 - cara zavaleta, american model
 * 1981 - jeremy reed, american baseball player
 * 1981 - billy dean martin, american musician (good charlotte)
 * 1984 - tim lincecum, american baseball player
 * 1985 - nadine coyle, northern irish singer (girls aloud)
 * 1988 - miku ishida, japanese teen idol in india they have her powered down to 80 something abroad she is above 90 so the server listens on 8080... I don`t know why they feel that way.   

  

The 90`s had some of the best compition in any era.More than now,or 60-8`s.They had some of the craziest teams to play with,John stockton and karl malone`s jazz.Isiah thomas`s pistons.Reggie millers pacers.Magic`s lakers.Birds heat.The orlando magic.   

  

They just find it hard to believe that some guy is the GOAT and there favorite player is not good as that player.Witch he is,Everyone need a good team,Kobe lebron is chasing one,so why only bash micheal jordan for that and none of the other teams?There being indenial the he isnt good.'   

  

I mean just look at some of this defence he had to play against,hand checking and what now [http://www.youtube.com/watch?v=6xJJNUkrd...](http://www.youtube.com/watch?v=6xJJNUkrdyQ) it was very phiscal defence back than,20 times harder to score on the defence.   

  

Not only being defended they had to gaurd some of the best players,and hardest to gaurd   

tockton, Larry Jhonson, Allan Houston, Reggie Miller, Bernard King, Magic johnson, Adrian Dantley, Kevin Johnson,larry bird:all very hard to gaurd and great scorers   

  

So the COMPITION is severly underated beck in the 90`s for it is harder than now,or before,perhaps the hardest eras of them all,im a youngster,but i understand the facts unlike the rest of the people who dont. this may be one: why was the author so attracted to the story? rose gold, fully black. ❤👌