To: X Y Zebra who wrote (10583 ) 10/2/2001 9:56:26 PM From: marcos Read Replies (1) | Respond to Gold produces security, in acting as a vehicle for capital preservation, as real money, 'the ultimate form of payment' as Easy Al called it only a couple three years ago ... sure this can be seen in a negative light, but it can also be seen as a positive role - it is good to preserve capital because it will be useful in the future .... and its use is a human construct as much as is that of paper or electronic transfer, the only difference with gold is that it cannot be printed with abandon at the whim of politicians ... this is a major advantage ... and gold can be made quite efficient to use in combination with technology, an SI friend runs this site and acts as a broker for electronic gold currencies - goldcurrencies.ca franco-nevada.com ... although i do have concerns about them not yet doing anything much with their near-billion loonies in cash, they may miss the boat if the underpriced assets all around get bid up on them ... but that hasn't happened yet ... their site has some essays by the prez, goldbugger propaganda ... they're good businessmen, would have done well in any sector highways, factories, telecommunication networks, R & D facilities and the human capital ' it takes a trustworthy currency, and until a better is invented, there's gold.
