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Gold/Mining/Energy : Gold Price Monitor

GDXJ 120.00

+2.0%

Dec 22 4:00 PM EST

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To: Cage Rattler who wrote (85523)	5/22/2002 3:21:26 PM
From: long-gone	Read Replies (1) of 116822

<<Would someone please explain, beyond an Armageddon scenario, why holding gold bullion or coinage is preferable to holding and trading a gold-backed currency such as the Swiss Franc? >> Another reason just came to me. Can the average Indian citizen hold $US, Swiss Francs, or or anything other than their own currency? Heck, Why speak of the "average Indian"? Is the average US citizen (Joe 6-Pack) likely to hold any level of any currency other than his own, and perhaps a bit of gold & or silver? If Joe 6-Pack doesn't have any other currency EXCEPT gold or silver what would be the wise choice of everyone else?

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