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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: Hawkmoon who wrote (28283)	2/15/1999 10:14:00 AM
From: Paunch	Read Replies (1) of 116764

Ron, You say that gold has only a psychological value, I say that gold is the only thing that has a real value. Our country has more than six trillion dollars of debt. When the other countries who are buying our bonds in order for us to stay afloat stops buying our bonds and starts selling the bubble is going to burst, and when that happens our paper money will become just that PAPER with little or no value, were as gold will forever retain its value. That time is in the not too distance future. Our country has been staying afloat by printing more paper money but when our paper is no longer regarded as the primary currency that will no longer be possible and the only currency left with any true value will be gold. Best Regards Paunch

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