SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (20213)6/25/2002 2:37:55 PM
From: smolejv@gmx.net  Respond to of 74559
 
>>The fact that money supplies are increasing <<. Correcter said: ... money supplies have been increasing<<
It is more than a difference of a word or two. It's the cumulative effect of all the good things that happened to us (and to US first of all) since, well, 5-10 years.

Thanks to our uncle holy-be-his-name of money presses.



To: Maurice Winn who wrote (20213)6/25/2002 6:09:12 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Maurice, <<problem with the entire economic structure ... won't be helped by selling gold at prices lower than the market ... just mean that bank stocks would run out, then the price would go right back>>

Yes. Counting on it.

<<Gold as an store of value just sits there in a block in a vault, whoever owns it, so nothing is economically gained overall by transferring it from one vault to another>>

Nothing is lost either, if it was money, and if not, when denominated in gold, still nothing is lost. Very barbaric, no?

<< siliconinvestor.com >> not very productive, in the net net &^%$&^%$king net, and certainly does not make much of a currency, store of value, or even toilet paper.

I do not understand gold, but do like it, a lot.

Chugs, Jay