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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Hawkmoon who wrote (37716)	7/24/1999 8:56:00 PM
From: long-gone	Read Replies (1) of 116764

<<During the '29 crash, did gold hold it's value because of the crash....., .... or because it was linked to the US dollar at a specific exchange rate??>> Ah yes, chicken & egg, which came first. Have you ever read "Capitalism: The unknown Idea"? Chapter 6 - author Alan Greenspan, sees it the other way, gold's store of value supported the $ via it's nature based scarcity.

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