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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.40+0.5%Dec 9 4:00 PM EST

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To: Maurice Winn who wrote (512)9/16/2005 3:37:43 PM
From: Slagle  Read Replies (3) of 218305
 
Maurice Re: "digging up everything to find more" That is probably the best argument against the use of gold as a currency. But that is an argument based upon logic and reason and the human desire to own gold is not of necessity a logical thing. But I don't suppose it is an innate desire either, it is learned and is traditional. But beyond a skillful propaganda effort against the idea of "gold as wealth" how would you accomplish your "logical" effort to suppress gold ownership? Governmental coercion or forced confiscation?

OTOH you could clearly make a sort of "secular" counterargument that as all human effort serves no real higher purpose "digging up everything" to find gold is as valid an activity as any other. Come to think of it I have heard libertarian argumnets of exactly that nature.
Slagle
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