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Gold/Mining/Energy : Non Politically Correct Gold and Resource Stock Discussion G -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (6)	2/20/2005 11:52:38 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 180

<The one question I have never come totally to grips with is if there were a monetary collapse - how would gold be transacted/protected from the anarchy that would result.> Why do you see anarchy? Why would gold be in danger? There are guarded and insured vaults. A monetary collapse doesn't means that all currencies disapear. We can certainly end up with gold as a global currency and national currencies partly or totally back by gold, the new global currency. This is simply a readjustment forcing governments to go back to the gold standard.