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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Follies who wrote (53136)	5/22/2000 9:30:00 PM
From: Hawkmoon	Read Replies (2) of 116764

A few well publicized hangings and everyone will gladly accept it, no problem. How about those of us who would rebel against a Fiat valuation of gold in the thousands of dollars per ounce? That is what would effectively happen were we to foolishly decide to return to the gold standard. Hell, I already rebel against paying $200/ounce for a piece of shiny metal that may adorn my watch or rings. And can you imagine the ruckus that would result in the gang-banger and hip-hop populations if these guys suddenly found their favored "Mr. T" style a bit much for them to afford. Hell, it could create an incredible surge in violent crime as they stopped killing people over Nike shoes and start plugging each other over double herringbone necklaces. And then we'd probably see dramatic inflation in the crack cocaine market as these gangsta rappa's struggle to maintain the lifestyle to which they are accustomed. Talk about cause and effect.... Geezus...<VBG> Some of these goldbugs need to think before they push such appalling concepts as the gold standard. Regards, Ron

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