Hi Maurice, <<problem with the entire economic structure ... won't be helped by selling gold at prices lower than the market ... just mean that bank stocks would run out, then the price would go right back>>
Yes. Counting on it.
<<Gold as an store of value just sits there in a block in a vault, whoever owns it, so nothing is economically gained overall by transferring it from one vault to another>>
Nothing is lost either, if it was money, and if not, when denominated in gold, still nothing is lost. Very barbaric, no?
<< siliconinvestor.com >> not very productive, in the net net &^%$&^%$king net, and certainly does not make much of a currency, store of value, or even toilet paper.
I do not understand gold, but do like it, a lot.
Chugs, Jay |