SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (35989)6/27/1999 1:13:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116779
 
Is it just gold? If so, would that mean that all loans taken out by business or
individuals would have to be backed by gold and not some other less worthy
asset (like a home or land)??>>

Not sure what is Taurus is saying...But it is given that many more societies, and their instrument instruments (pension plans including) such as banks are hanging by the tread of unrealistic properties and currencies valuation...(Historic examples range from current Asian crisis, to S&L, to Houston in 1980,s and on..