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Politics : Ask Michael Burke
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To: Henry Volquardsen who wrote (68353)9/28/1999 9:50:00 PM
From: yard_man  Read Replies (1) of 132070
 
>>I still hold to my opinion that the freeing up of the global capital markets has reduced gold's role. <<

So many fine intelligent people are so convinced of this proposition -- it makes me very happy to own gold shares.

(You should tell this to folks in SEA who held gold while their currencies fell apart -- don't lecture me -- I know it is not the same in the US, but the value of the paper is only as good as the confidence held in it -- debt, equity or currency -- perhaps globalization has a dark side, too. we shall see ...)
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