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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (8484)5/24/2004 12:48:01 PM
From: BSGrinder  Read Replies (1) of 313057
 
**WOuld be harder to trade against a truck loaded of grain if needed**

Claude, I use coins as my gold precisely because they would be easier to trade for real goods, since coins have a known quantity and purity of gold, as guaranteed by national governments. Who knows whether a lump of gold is real or not, or what it's purity is? It's a lot harder to counterfeit a gold coin than stamp ".999" on an alloyed bar.

I like the idea of gold money, but have not used it yet. Mostly just inertia, and satisfaction with having my own gold in my possession, I guess.
Thanks,
/Kit
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