SI
SI
discoversearch

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.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (20213)6/25/2002 6:09:12 PM
From: TobagoJack  Read Replies (1) of 74559
 
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
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext