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To: 10K a day who wrote (36842)5/31/2000 6:39:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
it actually isn't. in fact it's standing still in dollar terms and has been rising in almost all other currencies, quite sharply in some. now that the dollar is beginning to get dumped the USD gold price will inevitably rise as well...gold is MONEY. it's the only money that is not someone else's obligation, it is not a 'promise'...the increase in it's supply is limited to annual mine production. no printing press can print more of it.

your DSL connection will be replaced by something better faster and cheaper in a few years time...

the basic allure of gold as the only true money can't be replaced...