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Strategies & Market Trends : Strictly: Drilling II
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To: SliderOnTheBlack who wrote (29151)3/6/2003 5:57:06 PM
From: BSGrinder   of 36161
 
"I've got the GOLD and it's safely tucked away in the cash register."

But that's the point, you don't have the gold. You have a fist full of dollars, which are losing their value as we speak. The US has as much as announced that it is competitively devaluing its currency. Trading gold for dollars now is a losing proposition. If you can really turn on a dime, how about being able to change your idea of what money is? Your whole model of gold as a commodity won't work any more because gold is what all the currencies busily devaluing themselves will be measured against.

ciao
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