Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (70656)	5/30/2001 6:02:49 AM
From: c.hinton	of 116753

Just an opinion. Paper money ,scrip,or letters of credit, have been around for centuries.Their nominal worth was tide to gold or silver or grain or what ever.Their "actual" worth or "discount" was determined by the likelyhood of being honored. Buying gold essencially means one has lost faith in the economic integrity,or honor, of the world economy . Nothing strange in that. I see The world planning to inflate itself out of a bad mess.I dont want to have EVERYTHING riding on investments based on fiat currencies,ie dollar,euro ,yen.....Why gold?Ican't think of anything better. Wrong or right it is a hedge against the worst,or else I would not do it. Ps I enjoy reading all the posts here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next