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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST

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To: goldsheet who wrote (74322)8/1/2001 8:54:37 PM
From: d:oug  Read Replies (1) of 116756
 
Bob, Try thinking outside of The Box.[aka oldsheetlinks]

Message from Bob Johnson
Aug 1, 2001
> pile of gold is now coming as a byproduct of copper
It is much worse for silver, with Antamina coming online
and with Mexico and Peru increasing their output.

Now Bob, imagine Mexico creates a form of money
to supplement their paper and non precious coins,
being silver coinage. Now add Russia's same approach
using gold coinage.

Now Bob, how does this impact supply & demand?

Imagine Bob, today a person in Mexico or Russia
places a paper fiat currency or copper coin of their
country into a safe box and hides it into the deep
dark spooky woods next to the tallest tree.

ok, each day inflation eats away at it.
or
place in the saving bank account it will be eaten away
but not at the same high rate.
or
replace that funny money of paper or copper
with
yessssssssssssss
silver or gold coins
which are, unlike fiat paper and copper,
stores of value
yesssssssssssssss
and each day
under the dirt in the spooky woods next to tallest tree
the value of coins
can remain the same
no inflation
can decrease in value, just like fiat
or
increase in value, greater than face value
but then
might these silver and gold coins
have a value based on a silver & gold standard ???
and
if their or others nations on planet Earth
trash and corrupt fiat currency based on nothing
then their coins will increase in value
or simply represent real value
as in
they "buy" more fiat currency as fiat currencies value decrease
ok Bob
or is this too much
supply & demand
outside your oldsheets Box ?

duh'ation Bob
no wonder you is against gata
gate represents not worthless fiat money

You know Bob,
is not a question since answer is "no",
but there would not be enough
deep dark spooky woods next to the tallest tree
to keep up with the demand people hiding silver & gold
coins
so
supply of silver and gold "used up"
as in
outta circulation
into them dark spooky woods next to the tallest tree.

ak
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