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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.93+0.8%Jan 9 4:00 PM EST

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To: E. Charters who wrote (20803)10/6/1998 9:28:00 AM
From: J. Nelson  Read Replies (2) of 116846
 
Yes a very nice post. T.Y. one !Question! MONEY v/s GOLD Let''s start out

***If you have the U.S. Total issue of paper money in the world at any number
xxx,xxx,xxx.00 now each hunk of gold say 1 oz. is priced at
$300 for some of that money. and you, I, and the rest of the world can trade
in paper to get one oz. what is the value of the one oz. if the paper in the
U.S. total issue went from the xxx,xxx,xxx.00 to XX,XXX,XXX,XXX.00 by the issue
of all the new $100, $50, and $20 bills we see on the street.

Would you think the value of the 1oz of gold would be the same or did
dis-inflation take the value to a new level with everyone in the world
trying to change there currency to come close to the value of the new
total issue of the U.S.A.????

If a company has 2,000,000 shares of stock total with a price of $100.00
and they issue new paper of 2,000,000 pcs. the stock is valued at $50.00

So what is the world looking at when the largest nation prints trillions
of new money and we think nothing of what it will do to the POG let alone
the buying power by other nations with a decrease in the value by the largest
nation. Something has to snap in the process and it seems like the stock
market is taking the toll from the action.

If that makes sense please let me know.
Thanks,
Jim..
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