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To: Mike M2 who wrote (185575)	8/2/2002 2:25:25 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 436258

I am a believer that the market is bigger than any one entity or even a cartel. If gold and silver were going to rally, the Commercials would be all over it and nobody could do anything about it. Smart money is smart for a reason. As much as I hate Bob Pis-ant-i, his famous words, "gold ain't going anywhere," are true for now. I don't deny you the legitimacy of gold as the ultimate form of money, but ALL money is prone to supply and demand and paper currencies aren't going nowhere during a deflationary period - by definition it means there is a shortage of paper due to the destruction of credit. I suspect gold will have its day AFTER the bear market ravages assets - and a fine day it will be.