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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST
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To: LLCF who wrote (51129)4/4/2000 10:04:00 PM
From: Helios  Read Replies (2) of 116756
 
transactions will still be denominated in 'dollars'even if their 'e-dollar'

I don't see why it has to be, and I think this replacement is already taking place. For how long now have people and institutions who have held on to currency (gold or paper) as opposed to assets (stocks, real estate) watched their relative value whittled away. That's always been true of course except for the aperiodic 'adjustment' but money has always been necessary. The need for dollars is disappearing except as a way to keep score.
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