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


To: Hawkmoon who wrote (27680)2/3/1999 8:33:00 PM
From: Mark Bartlett  Read Replies (3) | Respond to of 116791
 
Ron,

Gold is not just about "confidence" it is about trust - and as far as I am concerned, governments of all stripes are just about the least trustful group I can think of.

The people that founded your nation knew this - that is IMHO one of the key reasons they insisted that money be a tangible and physical thing; because once it strays from that, the average person has lost any semblance of control over their future, that they might have had.

By asking me to give up on gold as a store of value, you are (by proxy) asking me to give up the last vestige of any control I might have in my future .... I trust no government in this regard. IMO if you do, you are very foolish.

You might say that it is too late ... but as long as I see gold trading .... I'll keep hoping it isn't.

MB