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To: Haim R. Branisteanu who wrote (75020)	3/3/2001 11:36:17 AM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<My question was related to gold as a substitute for fiat money................ at that time gold can move above $500>> Actually, if gold ever does find itself as a replacement for fiat money, $500/oz would be peanuts.

To: Haim R. Branisteanu who wrote (75020)	3/5/2001 11:22:09 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

Haim, i don't expect fiat money to end anytime soon...more realistic is imo to expect that the world's CB's will change the weighting of their reserves away from being overweight the dollar to equal dollar/euro/yen/gold weightings. BUT...that really depends on whether the fiat system doesn't suffer a fundamental crisis...the possibility clearly exists, as the world's CB's are once again trying to outprint a crisis. besides, what's wrong with HONEST money? we haven't had such for a long time, so we've forgotten what it feels like...