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Strategies & Market Trends : Raptor's Den II

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To: Andrew who wrote (1682)	3/2/2004 9:04:24 AM
From: dvdw©	Read Replies (1) of 3432

You said; "IMO this is all very good for Gold, it will soon break away from fiat paper as all central banks attempt to devalue. So much for the fight against inflation." The problem with Gold is its supply; the opportunity for gold is to fractionalize its supply in relation to dollars and other currency. So the future for gold is to move in the opposite direction of your surmise. In order for gold to be the commodity many want it to be, new technology needs to be employed....that technology would increase the useage of gold vis a vis currency and in particular the dollar. One solution would be to imbed the dollar with gold to the extent that the dollar would include say 1 millionth of an ounce of fine gold nano particles. In changing the relationship of the two all camps become satisfied. The price of gold based on gross supply could easily go to the thousands per ounce over an extended period of time. This would be satisfactory to everyone if currency is manufactured and distributed in conjunction to fine gold...albeit in small fractions.

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