Mr Ranson says that relative to the bullion price, American farmland has cost around 2.4 ounces of gold per acre on average since 1919.

Ranson指出相对于黄金价格，美国农地成本自1919年以来平均在约2.4盎司黄金每英亩的水平。

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David Ranson of Wainwright Economics has looked at the relationship between gold and stockmarkets since 1824.

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Since 1967 the annual rise has averaged 6.2%, according to David Ranson at Wainwright Economics, a consultancy.

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But former City player Ray Ranson is understood to have withdrawn his bid to buy the club.

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