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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (37933)	7/28/1999 11:30:00 AM
From: Hawkmoon	Respond to of 116762

Richard, I can't address every post presented to me. I pick and choose like everyone else does. Let's someone else pick up my slack.. :0) Regards, Ron

To: long-gone who wrote (37933)	7/28/1999 12:02:00 PM
From: Enigma	Respond to of 116762

<<And Richard, for a politician, in deciding whether to support gold or a gold standard, or supporting flexible monetary policy that support economic growth and overall employment in his district, he's going to pick the latter>> Richard - Ron Reese, and he's not alone on this thread in this respect, is still pretending that the issue is whether gold should be convertible as part of a mythical gold standard - nothing like setting up a phoney straw man to shoot down. There has been no gold standard in the world for the best part of this century, and the $US became non convertible in 1971 (not the same as being on a gold standard BTW)- the issue for CBs is whether they wish to continue holding gold as their largest (except in some cases) reserve asset. The evidence is not there that they don't. d