SI
SI
discoversearch

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 : At a bottom now for gold?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eakole who wrote (877)11/4/1997 11:59:00 AM
From: John Stokes  Read Replies (1) of 1911
 
Following your train of thought here ; would it not be a means by
which a country could put more paper into play for the needs of its
population and vice-versa a country with an overflow of paper would
purchase gold for safe keeping of wealth, ie stealing a 50 ton block
of gold, storage, undeterred by elements ie. water damage fire etc.
I need to understand on what basis new money is allowed to be
printed by countries. I totally agree with your analysis of the lie
as the inherent value of the metal does not change and is not
equalled or replacable by any synthetic structure in a manner
preservable. The euphoria attached to the metal would however result
in a permanent incline if there were no means to contain same. Without
the application of the theory of opposites there is no gain or true
value. Theory Buy low Sell high!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News