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To: Zeev Hed who wrote (75074)	3/3/2001 4:43:20 PM
From: Bid Buster	Respond to of 436258

huh? gold is a store of value, it doesn't matter if it goes up or not. it's value relative to the dollar is what matters..if or shall i say when the value of the dollar drops the relative value of gold goes up. best insurance policy i know for the clown buck. get it? get gold.

To: Zeev Hed who wrote (75074)	3/3/2001 4:44:45 PM
From: patron_anejo_por_favor	Respond to of 436258

<<if gold ever replaces "fiat money" it will have to be priced at more than $10,000/ounce, and will have to keep going up in price as well. That is probably why it will never happen>> I agree, but it makes a good "talking point"<G>

To: Zeev Hed who wrote (75074)	3/3/2001 8:08:53 PM
From: brightness00	Read Replies (1) \| Respond to of 436258

> patron, if gold ever replaces "fiat money" it will have > to be priced at more than $10,000/ounce, and will have > to keep going up in price as well. That is probably why > it will never happen (g). Gold Standard doesn't have to use gold itself as the currency of exchange. The dollar can be fixed to a certain amount of gold, be it $300/oz or $275/oz doesn't matter, so long as it's fixed. Then we can be done with this nonsense with beauracratic monetary policy decision making we have had in the past 75 years. Alan Greenspan actually is one of the rare FED men who are sympathetic to this point of view from a pure economic perspective. The road block is political feasibility. We will just have to wait until the politicians and the media get over the nonsensical belief in stimulation through devaluation.