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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (33554)5/17/2000 7:29:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
well, one thing that can't be taken away from gold is that it's the only currency that is not someone else's obligation.

a dollar is a claim on the US government...but a claim to what, exactly? it's an empty promise...if it is broken, there's no recourse. that's the main reason why the global drive to demonetize gold is ultimately fated to fail.



To: patron_anejo_por_favor who wrote (33554)5/18/2000 8:36:00 AM
From: LLCF  Read Replies (1) | Respond to of 42523
 
< I continue to find it interesting that we have a complete bonfire of the currencies going on around the globe, while gold also gets smashed. It just makes you wonder.>

Someone tell Fleckenstein that gold is flying in other currencies. Someone also tell RonReece that this is yet another tidbit of evidence that gold IS a currency.

DAK


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