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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.68

+5.0%

4:00 PM EST

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To: Zeev Hed who wrote (70656)	5/29/2001 6:47:41 PM
From: yard_man	Read Replies (1) of 116753

heck, Zeev we've already been through it. You as much proved, based on your premise (which was rather contrived), that what we would experience was deflation in terms of the currency (gold -- which is the currency if we were on a gold standard), not hyper-inflation. I have no care to rehash it ... those that read the exchange know what you were saying and understand the logical error. Those who didn't read it or skipped it would be bored. It's an academic discussion that has little merit as we will not be going back on the gold standard or anything remotely similar. I offered it to the poster as an example of your flawed reasoning -- why I think your posts on the subject of currencies and / or gold should be discounted. If someone has a deep interest, I'll simply find the discussion and link. IF you don't understand what I said -- go back and read it yourself. IF you don't like my assessment post something intelligent on the matter. Your reasoning is flawed because you define gold as the currency then you revert to discussing inflation in terms of the paper currency. People that look to you for information on such issues get what they deserve -- you don't understand the basics ...

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