spooderman
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May 14, 2014, 05:03:47 PM

Just interested whether anyone can point me to a remotely similar situation - perhaps a commodity that is heavily controlled in some countries but traded freely in others - so that some understanding of the implications for the global market may be understood.

Gold was forbidden to own in the United States between 1933 and 1974, punishable by $10,000 fine and/or 10 years imprisonment.

Meanwhile in the free world, the price went up from $20 to $195 during that period.

Background.

This is potentially the most relevant thing to think about that anyone has posted here for a while.