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To: brightness00 who wrote (75152)	3/3/2001 11:59:49 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 436258

You're deluding yourself over gold. Money=promises from someone to give you a good or service in the future. Nothing more, nothing less. All definitions of money can be reduced to that statement. 1 dollar is a promise from a fractional part of the US citizenry to perform a service or provide a good. Since we rule the world militarily, unupposed, our "promises" hold more water than anyone elses. What happens if someone finds the motherlode of gold in east canuckistan, say 50 billion metric tons sitting 2 feet underground. What does that do to the worlds financial system? Do they instantly become the worlds superpower? Hell no, because they don't have the military industrial base to defend it from an immediate invasion by bigger powers if those powers decide they really want to take the gold. Rules are only rules if you have the power to force obedience of them at gunpoint. Everything else is a joke. Gold has value as a rare metal, like platinum or palladium, but the days of metal elements as stores of monetary value are over.