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To: John Pitera who wrote (98457)4/28/2001 11:40:47 AM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
Perhaps you or one of the other learned gentlepersons who frequent this thread will be kind enough to oblige me by telling me two things: 1) how much gold is known to be in existence in a state where it could be used as money - my own gold crowns, for example, are on my teeth and I don't intend to yank them off to pay my bills - not just yet, anyway; 2) what is the world GDP?



To: John Pitera who wrote (98457)4/28/2001 3:30:12 PM
From: westpacific  Read Replies (1) | Respond to of 436258
 
$1M today has the equvilant buying power of about $250,000 in the early 1960s. So much for being a millionaire.

This is the legacy of your FED.

West



To: John Pitera who wrote (98457)5/16/2001 4:31:20 AM
From: frankw1900  Read Replies (1) | Respond to of 436258
 
Hi John, I was dissatisfied with the exchange we had Apr 28 about the nature of gold. Is it really money? No it ain't,. and if it is, I said, it's not very good money, etc. I have to admit I have some ideas about what money is that are so peculiar I won't tell you what they are because I might get a publication out of them. <g>

However, today I came across this article which pulled together quite a number of things I've noticed over the years and I thought it might amuse you even though the author isn't too enthusiastic about gold either.....

FrankW

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