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To: Alex who wrote (6134)1/16/1998 7:53:00 PM
From: Mark Bartlett  Respond to of 116791
 
Alex,

<,Hi Mark. I took 'Anothers'' posts to mean that buyers of bullion should buy the physical as opposed to certificates or 'paper gold'. His\her belief being that there may not be enough gold to cover the paper. >>

I thought "Another" was referring to both .... could very well be wrong myself ... I'd have to go back and reread it - even then it may not be clear.

MB



To: Alex who wrote (6134)1/16/1998 8:37:00 PM
From: Bill Grant  Respond to of 116791
 
Alex,

I think that is a major point, another(no pun intended) being that barter is very much alive and well in late 20th century Planet Earth. And that the only way to escape the confiscatory tax man may be (is) to market mano-y-mano, i.e., oil for gold, etc.

Bill



To: Alex who wrote (6134)1/16/1998 9:03:00 PM
From: PaulM  Read Replies (1) | Respond to of 116791
 
Nop Alex. Just read it yesterday. All in flames! Even the gold stocks.

When you think about it, its hard to disagree if you accept the premises. If all currencies go up in flames, gold returns as money. If gold returns as money, then me and you as miner shareholders have control over the future capacity to MAKE MONEY.

Who knows maybe we'll all get together and decide monetary policy someday. Anyhow, this is clearly unacceptable.

However, IMO, if those days ever do come, there will be plenty of time between then and now to make lots in gold stocks.