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To: LLCF who wrote (150522)2/10/2002 4:23:53 PM
From: Tommaso  Respond to of 436258
 
Like everything else, I am sure, there are certainly people who would manipulate it if they could. But the volume of international finance is so enormously much larger than the gold market that it is hard to see why bankers would take much interest in trying to do that. Gold may serve as a collectable store of value for individuals (like rare stamps, paintings, jewelry, and so forth), but it only has the loosest ties to actual money.

Gold certainly is the most convenient form of collectable, however. I've become pretty bullish on it lately.