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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST
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To: RetiredNow who wrote (59784)6/10/2002 4:34:04 PM
From: Dave  Read Replies (1) of 77399
 
Agreed that people would rather have fiat currency than gold, but the main reason is b/c holding onto fiat currencies is much easier. Additionally, many individuals holding USDs in the US could care less how the USD moved in relation to either the Euro or Yen.

That said, many would panick if Gold spiked downards.
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