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Pastimes : All Clowns Must Be Destroyed

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To: Jorj X Mckie who wrote (11307)2/21/2000 9:55:00 PM
From: BGR  Read Replies (1) of 42523
 
Jorj,

Excellent questions. If you eliminate the use of gold in jewellery (a fashion trend which has been in a downtrend worldwide over several centuries) there is way too much supply of gold compared to demand. Take out the less than 100% gold backed guarantee for major currencies (which, again, has been rather unpopular of late) and you are left with a severe supply glut.

-BGR.
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