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

To: yard_man who wrote (70673)	5/29/2001 9:03:08 PM
From: marek_wojna	Respond to of 116753

Here is a good reading in today's National Post nationalpost.com My bets on gold versus greenback.

To: yard_man who wrote (70673)	5/29/2001 10:07:45 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 116753

Tippet, "A currency buying more goods as time wears" , gee, that what we had in the early thirties, I think that was termed for a strange reason "deflation". Last I check, deflation is most usually associated with economic contraction (and massive misery), is it not a little "silly" to characterize as "it can be healthy and in no way implies a contraction is taking place."? I am trying to use your own words to describe the results of application of the currency you suggest, in practice, most people will simply say, ten years ago, I needed 100 bushels of corn to get an ounce of gold, gee now I need 1000 bushels to get same lousy ounce of gold, gosh, did the price of gold and anything made of gold go up. Zeev