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To: NOW who wrote (79879)	3/13/2001 9:54:33 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

That article alludes to an interesting point about derivatives. Cash/currency is itself essentially a "derivative", one that ties together a unit of "value" of any saleable commodities or services. Instead of tieing together, say, time and price of an equity (as does our good friend, the poot), cash links together multiple, disparate measurements simultaneously....which is why its own value is so prone to volatility, fluctuation, and crisis. This is another benefit of gold, IMO....not only does it's value NOT depend on fiat obligations of any bank or nation, but it has its own intrinsic value irrespective of any other economic forces at play. If indeed we are on the threshold of global economic instability, it would be the ONLY easily exchangeable form of money likely to hold it's value. The dollar in particular will be particularly vulnerable to political forces encouraging its devaluation in an attempt to ameliorate the oncoming debt explosion. ESPECIALLY once the new bankruptcy laws are passed. Every time I start to think about cashing in the gold part of my portfolio (and physical as well), this point keeps my finger off the "s" button. Thanks for the read. Regards, Patron