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

To: Alex who wrote (44943)	11/12/1999 4:27:00 PM
From: Gabe Heti	Read Replies (1) \| Respond to of 116753

Private currency issuers will need to back their currencies with gold to assure their customers that they won't be left holding the bag on worthless, bogus money. A comeback for gold as currency reserve!

To: Alex who wrote (44943)	11/12/1999 5:36:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 116753

Now that is an interesting theory, Alex. A return to private money?? Hmmm.... Well, I'll keep this perspective tucked away. It certainly seems more and more plausible as multi-nationals grow into supra-national corporations, with markets caps and revenues greater than the revenues of many nations. Under such a scenario, even I can admit there might exist a case for gold and other precious metals, if only through perception. Regards, Ron

To: Alex who wrote (44943)	11/12/1999 6:00:00 PM
From: SwampDogg	Respond to of 116753

<<Imagine a world where Microsoft has its own currency - called Bills perhaps - backed by the wealth of the company. Companies trading with Microsoft could decide whether to invoice in Bills or dollars. Individuals might prefer to be paid in Bills if they think that Microsoft money will be less inflation-prone than the pound or the dollar.>> I think this already is a reality...MSFT stock options