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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: PaulM who wrote (4072)	12/10/1997 9:20:00 AM
From: CuriousGeorge	Read Replies (1) of 116872

Doug Casey ... Yes ... of course credit should go to Doug Casey, I took the liberty to rearrange and embelish his research and writing. However the point I am trying to make is that for THOUSANDS of years, gold has been money; for 50 short years, currency has been money. This current experiment of fiat money, in the short term, has been successful to the extent that it allows them to plunder the public wealth with nary an outcry; but in the long term it is doomed to failure; and gold will return as money. We will have come full circle.

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