Hello John
I would not normally be on this thread because I really have little
understanding of world economics,or why gold prices are up or down.
however,with the gold market in the state its in I am trying to understand some very simple things.
From what I have been reading it seems to me that some banker or
some politiction somewhere in the world is trying to convince me
and millions of people like me that paper is worth more than gold
because they say so,seems to me this may be an impossible task.
It seems to me that gold has a real value,because of its history
and because of the cost and difficulty in getting it.
One tree can make a lot of one hundred dollar bills, with little effort.
There is a lot of talk of EMU,if they should get there single currency
who would control this currency,those countries seem to always be at
odds about something,if one of the countries should screw up do
all the rest come crashing down as well.
Will the whole world really believe that there paper is worth more
than gold,or for that matter that our paper is worth more than gold.
Do you think that paper money requires a bit more backing than
a banker or politictions word,I don't trust these folks a lot.
I am sending this to you because having read a lot of your stuff
you seem to know what you are talking about,and your name
shows up a lot.
I will keep reading and keep trying to understand.
If you should reply to this at all, thank you
lorne |
