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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Bobby Yellin who wrote (3036)11/11/1997 12:16:00 PM
From: Alex  Read Replies (1) | Respond to of 116837
 
Hi Bobby. This Greenspan meeting could be interesting..............

biz.yahoo.com



To: Bobby Yellin who wrote (3036)11/11/1997 3:10:00 PM
From: Ron Wilkinson  Read Replies (1) | Respond to of 116837
 
Bobby, I just can't see gold becoming this medium of exchange
even if in mass (people everywhere) decided their paper currencies
were of no value. People in Fiji aren't trading with people in India,
they trade in their own countries and barter like they have for centuries with whatever they have: fruit for nuts, fish for flour, dope
for whatever. Those with money will use it. Can't see that changing. Think you're right on inflation but believe it will take significantly longer to reach fruition than one might think. And, if we get the big one, (crash, oil war, Russian invasion M. East) forget about inflation although gold may get a nice pop.