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


To: Claude Cormier who wrote (66)2/16/2002 5:47:53 PM
From: Tommaso  Read Replies (1) | Respond to of 203
 
Thanks--there is a lot of information in these links and I will study them.

My first reaction, however, is that if I were a central banker, I would immediately do my utmost to see that laws were passed to outlaw this as usurping the power of the government to coin money and regulate its value.

John Templeton has never taken any interest in gold, perhaps incorrectly, because of the political risk. Or so was his position some years ago. I think that we are lucky enough to be able to use gold as a quasi-money commodity if we wish to do so.

Incidentally, do you know of a single case of an American being prosecuted for owning gold abroad, after that was made illegal under the Kennedy administration?