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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (53049)9/6/2004 10:03:53 PM
From: Seeker of Truth  Read Replies (2) of 74559
 
<<Why would you trust the Canadian government not to grab gold in safe deposit boxes etc?>>
Gold mining is a significant industry in Canada and the government wants people to buy the output. They are forever issuing commemorative gold coins. There's never been a whiff of banning the private ownership of gold. BUY CANADIAN certainly includes gold. It's not a matter of moral virtue; the Canadian gold industry certainly does not want the government to start banning the purchase of their output by the 30 million nearby folks.
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