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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: long-gone who wrote (26342)1/16/1999 8:08:00 PM
From: Hawkmoon  Read Replies (2) of 116764
 
Richard,

But that's my point. You bartered with gold. You probably could have offered him a refrigerator or air conditioner as well in exchange for rent.

And the question is, was the amount of gold you bartered with worth less than, or greater than, your rent bill?

But also, you used gold because you apparently didn't have cash. If you had had cash you could have paid your rent in the first place.

Now when you can't get cash (and Y2K may present that problem), then gold may indeed do very well. Again, I'm not adverse to gold, just not willing to tie up capital waiting for the big upsurge while the equities market seems to still be in a speculative phase.

Regards,

Ron
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