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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: John McCarthy who wrote (21276)9/18/2006 2:40:50 PM
From: TheSlowLane  Read Replies (1) of 78409
 
John - according to Robert ("Rich Dad, Poor Dad") Kiyosaki, the USD ceased being money and became a currency when Nixon severed the connection between the USD and gold. In his view, currencies are paper that are created and controlled by governments whereas money has intrinsic value (i.e. precious metal or paper that is exchangeable with precious metal at a fixed rate).
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