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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.98+0.2%Dec 4 4:00 PM EST
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To: Hawkmoon who wrote (27705)2/4/1999 12:59:00 AM
From: Gord Bolton  Read Replies (1) of 116796
 
<<I don't why can't think this out and at least recognize that gold is no guarantee of
anything. It can be confiscated, or the banks can manipulate it up and down.>>

Two guarantees, death and taxes.
Short of theft, work must be done to obtain gold. Printing paper is very cheap and can be used as taxation. Inflation is taxation without authorization (representation).
If gold goes up in price relative to other commodities ol49er and company will buy two pans and head upstream.
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