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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST
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To: Bob Dobbs who wrote (28130)2/12/1999 7:24:00 PM
From: Timothy Liu  Read Replies (1) of 116832
 
> Secondly, gold is not a commodity; it is money. (Silver is different; presently it acts more like a commodity.)

Silver use to be money. After government demonetize it, US government stockpile goes from something like 3-4 billion oz down to 150 million oz from 40's to the 80's where it is flat ever since. Silver became a commodity ever since.

Same thing COULD happen to gold and gold reserve.

Tim
JMHO
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