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

To: long-gone who wrote (84254)	4/6/2002 10:53:12 AM
From: Richnorth	Respond to of 116764

Sorry, I should have been more specific. I was referring to the points he made regarding posting to dsm. You are quite right in that many folks believe that the gold problem began with the corruption of LBJ. To be sure, there was rampant inflation during his watch at the height of the Vietnam War. The printing press kept on rolling so much that General De Gaulle would not accept U.S. dollars, and soon after that Nixon was forced to delink the US$ from gold. I recall one summer sometime in the early 1970s when a number of American and other tourists were stranded in Paris and Amsterdam because their American Express credit cards and US$ suddenly became unacceptable there.