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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Broken_Clock who wrote (67779)4/18/2001 8:53:53 AM
From: Tom M  Read Replies (1) of 116764
 
But there's no inflation - look at gold. That's a great article to pass around the threads who haven't understood they're rats on a tread-mill. What are the alternatives? Barter with each other for goods and services? But what services could the bankers offer us in exchange for their fiat if we thought of it as inflationary monopoly money? Well I've got some yardwork...

The problem of over inflated money is slowly being taken care of with Nasdaq taking over a 65% hit (et tu Dow?). Want your money back? Just put it in for the next leg up, if it doesn't turn out to be the next leg down designed to wipe out more of the recent too-rapidly-created wealth, er, inflation. We've certainly been taught gold's no hedge. Must be getting closer.

thanks for the link.
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