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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (66243)	3/20/2001 10:22:53 AM
From: Zardoz	Read Replies (3) \| Respond to of 116931

Which would you rather own... $259 US Dollars or an ounce of gold that could become worth $250 US dollars? Better to own a currency with buying power then a commodity that depreciates? But let not look so narrow as to assume that the currencies are still in decline... maybe three currencies are on appreciation and only Gold and the Yen are falling? Tricky market when we only assume that Gold is priced in US Dollar. That is only in convenience and not in convention. What is the alternative to the US Dollar? Likely it aint gold !!! Many currences out perform gold when the US dollar fails. Even the gold stocks have some better ratios then Gold Versus US Dollars. So where is the best return if you presume that the markets are wrong and world doom is abound. Should we run to the Swiss, Euro, Aussies? Hutch