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To: Maurice Winn who wrote (26600)	12/29/2002 7:11:44 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Maurice, You wrote a beautiful essay on gold, money, and promises. Now, stand back for just a clarifying moment, read what you had written, listen to the messages hidden amongst the lines of alphabets. I went walking to the beach today, and the air is a crisp 16C while the sea water is warm 22C. During the summer the air is 30-36C and the water is 23-24C. I figure I will go to the office tomorrow to get a head start on 2003, and get home in mid-afternoon for a counter-intuitive winter swim. Lonely path is the right way in many instances. Chugs, Jay

To: Maurice Winn who wrote (26600)	12/30/2002 3:49:16 PM
From: carranza2	Read Replies (1) \| Respond to of 74559

Mq, a brilliant guy like you is entitled to some slack, but I am nonetheless having a bit of difficulty reconciling this: siliconinvestor.com with the notion that gold is an anachronism whose value resides only in its uses as jewelry or as an industrial metal. Assuming deflation, or even a hint of it, Uncle Al will get the printing presses working overtime. Ergo, the dollar will fall, ergo gold will go up. Ergo, I scratch my head at your fulminations against this logic. We have seen it happen. It is happening. Explain to this literal-minded novice how you can hold that gold is an anachronism while at the same time citing Appel's article in which he quotes Uncle Al on how he will ramp up the printing presses to deal with even the slightest whiff of a hint of deflation? Mq, my neurons are getting phrag-de-mented. I consider you and Jay the elite of cyberspace on these issues--perhaps you are the bull market genius and Jay is the bear wiz? Happy New Year's to all. Stay safe.