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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (11346)11/10/2006 4:04:07 PM
From: Rolla Coasta  Read Replies (2) of 217883
 
This seems to be the accurate picture:

quebecoislibre.org

Quote at the conclusion:

"Some are concerned that new annual supplies of gold will be insufficient to carry on the growing amounts and value of world trade. Gold, a hard currency, may have a new production rate that may not keep pace with economic growth. This really presents no problem. The existing quantity of money is always enough to conduct the existing volume of trade. Some deflation may be inevitable, but this simply means that overall prices will be lower."
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