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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (17299)	8/13/2002 12:37:20 PM
From: longdong_63	Read Replies (1) \| Respond to of 36161

Louis..."IMHO, there has to be an action on demand"...buy one ounce, get one ounce free? Blue Light special? ROFL!!

To: Louis V. Lambrecht who wrote (17299)	8/13/2002 4:52:41 PM
From: c.hinton	Respond to of 36161

I dont think gold or silver money is nessecary or even wanted,what is needed is guarenteed convertibillity of dollars in token form to a fixed amount of gold,or something else aceptible to the public.Much as a currency board worked with the dollar peg for the agentine peso(OOOPS). No,seriously full value currency (gold or silver coin )does not circulate well. hoarding,melting, short term current account imbalences,what ever, makes it prone to shortages.Being able to trust your gov. and its economic policy is the best solution.And in the long term that is up to us and who we vote for.