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Pastimes : CNBC -- critique.
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To: Thomas M. who wrote (2690)5/21/1999 4:46:00 PM
From: Ian@SI  Read Replies (1) of 17683
 
Do you actually think that anyone could really walk into the Treasury with $270US or so and request an ounce of Gold in exchange?

The $, IMO, is backed by Greenspan, not by gold.

And most of the time, I think I'd rather have Mr G. standing behind my money than something with limited intrinsic value. It's a good conductor but Cu is good enough for me. I don't value jewelry, but most of the rest of the world does.

Ian.
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