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

To: E. Charters who wrote (20964)	10/7/1998 6:42:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 116845

"The money supply has risen out of all proportion to the worth of production and intellectual property wealth in the last 20 years." Growth of a nation is subdued by the increase in monetarism. Else inflation would out-strip growth, and your $4000/oz gold would exist. You valuation of gold at 6% inflation for 70 years, due to money inflating is laughable. This is why I asked if your are a monetarists. You obviously aren't. So what form of banking system do you subscribe too? Banking on a fixed exchange currency such as gold doesn't work. As stated prior to this post {see talk about French buying US gold} So shall we use "woods & trees", I think maybe than enigma would stop banging his head, and his vision might clear up. Try including growth which is higher than 6% for 70 years. Neither growth nor inflation are linear, so when they compound for years, they become stastically seperable.