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Gold/Mining/Energy : Gold Price Monitor

GDXJ 144.21

-0.6%

Jan 26 4:00 PM EST

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To: Zardoz who wrote (57243)	8/13/2000 9:32:13 AM
From: Enigma	Read Replies (1) of 116922

Nobody says that gold backs currencies any more. Any more than marks, pounds, dollars, yen 'back' a particular currency. Except that gold is a bigger component in nearly all cases. This straw man is trotted out time and time again by the anti- gold camp - but it doesn't fly.

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