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To: Dwight Taylor who wrote (880)11/15/1997 2:13:00 AM
From: ----------  Respond to of 2951
 
Ben:

I don't doubt what they say. I seriously doubt it is relevant.
Nothing personal intended. But, IMO, the main reason the U.S.
and the rest of the world ceased backing their currency with gold
was because they were printing the worthless paper far faster than they were mining the precious metal.

Money just ain't what it used to be. There is no silver in quarters or dimes. It even takes @128 U.S. pennies to get a $1.00 worth of copper.
It's pretty sad when the Treasury "cuts" the copper in a penny more than a harlem heroin dealer cuts a dime bag.

I'm not a precious metal bug. (I don't follow the heroin market either. <g>). But, if I HAD to buy, I'd probably opt for something useful like palladium or platinum. At least I could sell that to
a myriad of industrial firms.

Regards,

Doug