To: shrinkermd
If you lived in Argentina today you would know the true value of gold when the bank account is frozen and ATM machines out of paper money and you are down to your last peso. If you look at a chart of the gold price in Argentina pesos, you can see what happens to the value of gold when a currency dies.
Gold is money. Paper fiat notes are currency. Currency can be printed at will. Gold makes the bankers honest and limits the spending of government. Gold prevents government bloat and excess spending and that is why politicians and bankers hate it.
To: Chewbacca
you can see what happens to the value of gold when a currency dies. What you ment was the price of gold, not the value.
Secondly, have you looked at the price of pork bellies and copper as expressed in pesos?
26 posted on
04/29/2002 8:26:15 PM PDT by
TopQuark
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