GLD Message Board - Msg: 22494857

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : GLD

GLD 370.09

+2.0%

4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: ayn rand	5/29/2006 9:16:02 AM
	of 74

Gold is money by evolution of choice, not decree. In this regard governments have always been forced, ultimately, to follow the will of the people, not the other way around. This is not the first time that governments have experimented with fiat currencies. All previous experiments, bar none, ended in disaster. Our current experiment with a monetary system based entirely on fiat currencies is unlikely to end any different. (April 2003 – Excerpt from Doug Casey's International Speculator Volume XXIV No. 4) ............................................... paulvaneeden.com ... this is a somewhat lengthly, however, excellent reference article: Floating currencies Reserve currencies The end of the Gold Standard Dollars for gold Closing the Gold Window 1978 - 1984 1984 - 1988 1988 - 1996 The dollar exchange rate Currency crises Gold in other currencies The theoretical gold price Trade deficits The euro Gold, the savior of capital Conclusion Gold and War A few last thoughts

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next