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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: goldworldnet who wrote (73457)7/15/2001 1:28:00 AM
From: Hawkmoon  Read Replies (1) of 116816
 
What concerns me is that money could become ONLY a stream of electrons in a hundred years

Given that there is only maybe $500 Billion in hard US currency floating around the world, compared to our $10 Trillion econonomy, it would seem that 95% of our currency ALREADY CONSISTS OF ELECTRONS and electronic records in our bank accounts.

When this changes and the financial system falls apart, THEN there will be an argument for gold....

....and for barter items like bullets, food, fuel, and clothing.

Hawk
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