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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.90

+0.1%

Dec 4 4:00 PM EST

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To: Claude Cormier who wrote (63562)	2/8/2001 5:41:20 PM
From: sea_urchin	Read Replies (1) of 116795

Claude: I still don't see the use for "internet gold". While I recognise that gold could function as a long term store of value, as it once did --- a hedge against inflationary depreciation of paper money, if you will --- I don't see the benefit which gold has as a short term means of exchange. Unless, of course, one expects enormous volatility in the relative value of paper currencies. But then, who is to say the value of gold will be stable?The price of gold could be more volatile than the relative value of the currencies!

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