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

To: Mike Johnston who wrote (66845)	7/25/2006 7:48:10 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

I simply can NOT let you off with this: I agreed with you, gold was not a store of value in 80's and 90's ! If gold was not a store of value then, why is it a store of value now? Remember your definition of "money" insisted that it be "a store of value". So on that basis you are telling me that gold was not money in the 80's and 90's but is now? In short you are totally trapped. I suggest rather than fight this battle you change your definition of money because otherwise I will keep hammering you to death. BTW - I think gold is money, but like all other currencies gold fluctuates. Sometimes it is a "value" other times not, just like the canadian dollar, Mish