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Politics : Ask Michael Burke

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To: Terry Maloney who wrote (94091)1/16/2002 8:52:18 PM
From: Joan Osland Graffius  Read Replies (2) of 132070
 
Terry, >>if gold ever becomes money again, it won't be at this price.

If you live in a country with a currency that is being devalued - gold is money. I will bet that the Japanese that bought gold when they started letting the Yen devalue it looks like money to them. <ggg>

When we were in Australia is was clear to me those who bought gold prior to the devaluation of the currency it looks like money.

It is fun to read the SI gold bugs these days. Seems like they are crawling a wall of worry and some do not trust this run in the stocks.

Joan
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