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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST
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To: Rarebird who wrote (57476)8/21/2000 5:50:43 AM
From: d:oug  Read Replies (2) of 116764
 
Rarebird,

The answer to the question you asked was contained
in the sentence prior to your question where you made
an observation that everyone knows why governments
want an unrestricted fiat paper funny money flowing
off the printing presses limited only by the supply
of trees and ink. Sure, any kind of gold backing
would limit the quanity of funny money printed,
and if i can remember correctly a commentary
i read at the Le Metropole Cafe then a gold backed
currency would put out of business the GSEs
Government Scandalized Enterprises so that
they can not create unlimited credit that appears
in the economy as an additional money supply.

Yes, a government that functions as you presented
you comment and question has been well documented
as a government that puts at risk the financial health
of itself, leading to servere harm to itself as a nation.

By the way, you seemed to have decided not to respond
to my request of you helping me understand what was
contained in this url.

From: michael finsterwald
Sunday, August 20, 2000
gold recommendations
Message 14240907

Troubles me since it was not of a GATA gold rambling
but of those topics you seem to speak with strong
determination about, and this url seems to me to
go against your views.

Please view it, or if not then i will do a cut & paste
and i will identify my take on what it says and add
to that you take as i understand your views.

Good stuff there.

<<... your naive to think that the government will ever
give the same treatment to gold as it does to fiat.
Moreover, why should the government do so? Rarebird>>

doug
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