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


To: Ron Wilkinson who wrote (3949)12/7/1997 10:51:00 PM
From: PaulM  Read Replies (1) | Respond to of 116815
 
Ron IMO, in this global economy, "the government" couldn't set the price of gold, because the price is a world price. Evrybody would have to agree on the same price and enforce it in their own countries.
That wouldn't be easy, and would go over worse in many palces than even the U.S.

Don't get me wrong. I don't expect tomorrow's headlines to read "Return to Gold Standard Imminent," nor do I necessarily expect an immediate impact on gold.

Good Investing.