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Gold/Mining/Energy : Gold Price Monitor

GDXJ 119.08

-0.8%

4:00 PM EST

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To: Serge Collins who wrote (20844)	10/6/1998 4:33:00 PM
From: Enigma	Read Replies (3) of 116822

SC - thinking further about your statement about gold in a time of crisis - a gold coin might buy you a whole lot of those other commodities - depends on the nature of the crisis. Your statement betrays a lack of knowledge of world realities or history - the history of this century - just think what a gold coin would have bought you in the German hyper inflation - or think of the Nazis extracting gold from the teeth of concentration camp victims. They did it because of gold's lustre. You can't equate gold to perishable commodities. Gold is a medium of exchange and a store of value - it is still the only real money - it can be sold anywhere, knows no borders. . E

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