Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Grant who wrote (6395)	1/21/1998 9:55:00 AM
From: Dwight Taylor	Read Replies (1) \| Respond to of 116861

Bill--that really is interesting. It may be that some politicos, in anticipation of a serious economic breakdown are drawing the lines in the sand. If things get rough, as many believe, the public may be assuaged with the gold argument as a cogent concept to bail out the country. If in fact there is any link in that scenario at all. Maybe we will see during the upcoming US elections candidates including this issue in their campaigns. It is certainly no 'accident' WSJ brings this issue to the fore. I believe the Republican party, ala Jack Kemp, Alan Greenspan will force the issue. It may be the competitve edge that is needed in y2k to win over the votes of the public. That CB's have reduced their gold holdings and made public their reasoning --the commodity is meaningless in today's world-- implies there is a sort of manipulation going on, or at the least mixed messages from the top down. Perhaps it has to do with the ECU, Japan, the US debt, a global depression. I'm sure a return to a gold standard will be contentious issue nonetheless. Now, who amongst us can see the future?