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To: GST who wrote (110633)10/17/2000 7:53:24 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<If gold goes up, the IOUs cannot be absorbed fast enough -- simple as that. >>

GST, let's make the huge leap that gold iou's are significant. Then I would ask, "What in God's creation would make gold go up??" -rhetorically my response would be, whatever would make gold go up significantly in my life, I am not sure I would want to survive. e.g., nuclear war, wide-scale bio-terrorist attack on the "establishment" nations, ect.

gold is dead in the water.
cheers,
Victor