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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (53051)2/8/2006 9:29:15 AM
From: Claude Cormier  Respond to of 110194
 
-As for goldmoney, I wonder if the world operates under some goldmoney standard, would there be any gold left in that vault? The likelihood of that being seized by some government is pretty high, no?

First, a gold standard is not for tomorrow, if ever. Second, who can predict what government will do. I have no doubt that many members of government now own gold. So what they will do is a speculation. Third, Goldmoney will introduce a multi-vault facility to limit and distribute risk.