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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Byron who wrote (12212)	9/25/2001 6:02:18 AM
From: sea_urchin	Read Replies (2) \| Respond to of 82013

Guree, if there is an association between POG and CRB, as one imagines there should be, one could consider gold to be a commodity. That relationship is broken. Furthermore, despite the protestations of the goldbugs, gold finds only a small use as a currency --- maybe in the East and also by some strange folks on the internet who don't trust credit cards, nowhere else. It use as a hedge has largely been taken by derivative instruments. So, as result of its manifest disuse as a currency and its disassociation from the commodities it is clear gold is neither a currency or a commodity --- in fact, it is a thing on its own. An anachronism! In fact, as I have said many times before, its principal use is to provide a subject for old men to discuss on the internet!