Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (17094)	8/18/2003 5:09:23 PM
From: Little Joe	Read Replies (1) \| Respond to of 39344

Claude: Another thought on the gold as money and appropriate to your comment about gold money. Even the gold money account is evaluated in dollars. That is in order to calculate the amount of gold grams I pay for something it must first be converted to dollars. I don't think anything called money requires such a calculation. Don't get me wrong I think we would be better off if gold were money in our society, but if money is described as a medium of exchange that is universally accepted in commerce, which I believe is the most accurate description, gold just doesn't qualify. Little joe