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 98.59

-2.8%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (77745)	10/1/2001 3:26:22 PM
From: Tommaso	Read Replies (1) of 116759

Well, you and I agree on that, but I didn't want to get hollered at by every sort of contingent. Also, having been converted long ago to Milton Friedman's monetarism, I expected much more inflation in the 1980s and 1990s than ever came along. What happened was a world-wide increase in production that more than matched the increasing money supplies. But it's hard to see how production can match what is now looking like a 25% annual increase in the U. S. money supply. The Swiss Franc may do better than gold, however, since it is not tied to the Euro and since, as usual, the Swiss are holding back on increasing their money supply.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next