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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.90

+0.1%

4:00 PM EST

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To: Dwight Taylor who wrote (9663)	4/9/1998 10:00:00 AM
From: IngotWeTrust	Read Replies (2) of 116795

Au backing U$ "full faith/cr" =a hologram + our debtorness HAS subordinated U$!! BWCAccord only accelerated decline set into motion w/ U$/gold peg deval in 1930s. Macro view of U$ direction since 1920 1:1 U$ peg is my required & my POV. The result of said 78 years of USA fiscal practices is just continuing to subordinate US$:EU. And it's only going to get worse. The world craves stronger fiat, always has since the currency presses traded Gutenberg speed for Xerox copiers' quality/quantity. And that craving is the inherent flaw in FIAT's credibility fmpov. Please don't confuse what you are characterizing as pre-eminence with proliferation of more and more USeless fiat in circulation globally.

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