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 90.47

+0.5%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hawkmoon who wrote (55078)	6/26/2000 9:11:00 AM
From: pater tenebrarum	Read Replies (2) of 116752

Ron, i personally (and i think Greenjeans would agree with that) think a return to an outright gold standard would be impractical. however, i would advocate that some middle ground be found between today's more or less pure fiat system and a monetary system backed with hard assets. money supply growth has been completely out of control for well over a decade now (with no signs of slowing down btw. -broad money measures M3 and MZM have re-accelerated once more), creating an enormous credit bubble and the ancillary bubble in stocks and real estate. this is not a healthy development - and the fact that there are no curbs on money supply growth needs to be seriously re-examined by policy makers imo. however, it will likely take a bursting of the bubble to induce them to do so. regards, hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next