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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Rarebird who wrote (37303)7/18/1999 3:48:00 PM
From: Enigma  Read Replies (1) of 116764
 
<<The financial markets treat Gold as a currency at every moment during the trading day>

They don't. You could make the same argument about copper or wheat - just because something is quoted doesn't mean it's a currency!! Ron may make such a dubious connection - he's in complete denial that gold is a reserve asset, for example. I don't see Hutch making this argument - I'm not, however, a collector of his posts, so he may make this fallacious point too for all I know. d
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