Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: denekin who wrote (54639)	6/19/2000 7:59:00 AM
From: Enigma	Read Replies (1) of 116764

Sale of gold - it won't happen: 1) Who would buy it? 2) In what form would it be delivered? The only honest way to do it would be for the CBs to mint the gold into coins of the same '9999 purity and exchange the coins for local currency. Maybe there would be a univeral coin. The public would then be free to trade the coins. Anything else would be fraud or robbery. But the value would swiftly become market value not face value. Good money driving out bad, and all that. Gold would then be a bottom line savings and investment vehicle. And it would trade. But the idea would never fly in Washington and in other capitals - because it would put the spotlight on the fiat and its credibility and fallibility. PS. BTW cna you print chapter and verse on your source - to show it isn't a hoax - re which BTW a lot of people have risen to take the bait?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next