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


To: Claude Cormier who wrote (77109)9/21/2001 10:18:18 PM
From: lorne  Read Replies (1) | Respond to of 116752
 
Hi Claude. Thanks for that web site. I didn't know that they promoted gold as money. All I had seen lately was news about the millions they were spending promoting gold for jewelry.
Thanks
Lorne



To: Claude Cormier who wrote (77109)9/29/2001 8:26:20 AM
From: lorne  Read Replies (1) | Respond to of 116752
 
Hi Claude. Some more on WGC as money.
WGC Makes Supply Case for Gold
Story Filed: Friday, September 28, 2001 11:20 AM EST
Sep 27, 2001 (Miningweb/All Africa Global Media via COMTEX)-- Excoriated by many gold bugs for wasting time on jewellery demand rather than gold's monetary impact, the World Gold Council today offered a fine rebuttal.
At a Washington, D.C. luncheon hosted by the WGC, regulatory affairs manager Dick Ware suggested that the International Monetary Fund amend its articles to allow countries to peg to gold. Price targeting is the monetary policy of choice for supply side economists, most of who prefer on gold as the most reliable commodity for historical reasons. "
Full story >>>
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