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


To: yard_man who wrote (70659)5/29/2001 6:54:48 PM
From: Zeev Hed  Read Replies (3) | Respond to of 116753
 
Pray, tell, what are the basics, I am always willing to learn. Got a problem with "quatitative arguments"? (g) Just because you make such strong categoric statements, does not means these are the words from Mount Sinai...(g). If you indeed agree that we will never go back to gold standard or anything close to it, the whole argument is useless, gold is a commodity like any other, and will obey its own demand and supply rules, just like Pd could go from $150 to $600 so could gold, but not because of some mythical "currency of last resort" type of cause. The last two international currency crisis have proven that.

Zeev