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

To: yard_man who wrote (3973)	12/8/1997 1:33:00 PM
From: gregor	Read Replies (2) \| Respond to of 116825

Barry: I believe it was Hugh Grant on Wall Street Week this past weekend stated that gold could be loaned out for a higher percentage interest rate than current money market instruments. Did I hear him correctly and if so does anyone have any personal knowledge of how this works...gregor

To: yard_man who wrote (3973)	12/8/1997 1:54:00 PM
From: Jim Ilchyshn	Read Replies (2) \| Respond to of 116825

Barry, I also have no desire to live through a catastrophe, but that seems to be the collision course that we are headed on. How do you explain the stockbroker jumping from a building in Japn? Right now the falling dominoes have started on the opposite side of the world and just because it hasn't happened in North America yet, people will keep on living in their glass houses. Governments world wide have spent money that they don't have. You cannot create value out of thin air. I think that is why you have so many intelligent people posting on this thread. They realize the implications of the current currency/stock market crisis. I am not saying that gold will save you from all perils, but like fire insurance it cannot replace your personal belongings, but it can help you purchase the basic needs. - Jim.