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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 399.01+0.1%Dec 19 4:00 PM EST
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To: Amelia Carhartt who wrote (15506)10/9/2008 6:45:39 PM
From: GST  Read Replies (1) of 29622
 
My view -- shares won't go to zero if gold takes off. What will go down sharply is the purchasing power of the dollar. We are approaching a break point where being a millionaire in US dollars won't mean much. We are heading towards a sharp decline in our purchasing power. Stocks will reflect new economic realities -- but that does not mean they go to zero.
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