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To: bruiser98 who wrote (390070)	7/8/2009 8:25:03 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 436258

7/8/09-Question -- R.Russell, the world is deflating. Stocks are deflating, housing is deflating, commodities are deflating. How can gold possibly go up in this kind of deflationary atmosphere? Answer -- Somewhere ahead I believe there's going to be a flight out of fiat money. "If it's paper, it's garbage," will be the sentiment. People don't understand the meaning of gold, they think it's a commodity. Wrong, gold is MONEY. In a world where all paper money is discredited, people will rush to the one money that is not the fantasy of some nation's central bank. When you think about it, where is the logic of a bunch of central bank hacks producing wealth out of "thin air"? Wealth comes from hard work, wealth come from man's sweat or brains. Fiat currency is basically computer- generated junk. When all else is disbelieved and distrusted, gold becomes the only trusted true wealth. That's why intelligent men and women hoard gold during hard times. Gold is timeless money -- 5,000 years of history attests to that statement.