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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.63

+3.0%

Dec 19 4:00 PM EST

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To: re3 who wrote (90134)	9/28/2002 9:58:15 AM
From: IngotWeTrust	Read Replies (3) of 116816

Retired: got just a sec to hit response button... RE your Query wrt Argentina... just which buffeted Argentineans would you suggest would be eyeballing [stashing?] gold With inflation and low per capita...doesn't leave much for individual hoarding wouldn't you agree? Truly battered economies shift to barter such as the Russians have perfected since the ColdWar broke them. I recall a major newspaper article several years back on this thread where one of the Ruskie Police Departments paid their employees in socks. Yes, SOCKS. Their paymaster was able to take delivery of a production run of socks through a series of exchanges, so that they could be distributed to the police personnel who hadn't been paid in months. At least, the logic went...the officers could use them as a medium of exchange in the local open-air market to try to re-coup losses. [ RICHARD, was that you or LORNE or ALEX who posted that article originally?] BTW...do you already have AEM, Meridian and NEM just to name 3 in your 19 some odd names precious metals stable? Nope, I don't own them...just was wondering<grin> Have a good one. g_t

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