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Chrysler Déjà vu All Over Again The DaimlerChrysler Saga
By Udet Dipl - January 6, 2001
In the 1980s Chrysler was on its last leg. Automotive market sales had soured and Chrysler's Profit/Loss Statement was awash in red. Consequently, its stock was hammered mercilessly down to 4 bucks a share.
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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