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


To: d:oug who wrote (85222)5/8/2002 1:02:43 AM
From: marek_wojna  Read Replies (1) | Respond to of 116825
 
<<Correction will happen when House of Cards fall.>>

History likes to repeat itself. The nicks of times when the currencies were not backed by gold happen too often in our history to list all of them here. The final results was always the same, and I don't expect anything else now. Internet and dot.coms spoused to solve the problem forever, make us happier better humans. No one can deny their benefits same like our ancestors and us couldn't deny the importance of inventions like bronze, then steel, steam engine , gas engines, turbines, etc.,etc. During all our history gold was almost useless for us, yet every single generation who tried to abandon it had to face the "FALLING HOUSE OF CARDS" in their finance system.