> Canuck57 wrote:

>> "anon" privacy.net> wrote in messagenews:1PsHj.2069$yd2.532@trndny04...

>
>

>> If the market is right, and most often is, gold going from $330 an ounce to
>> $1000 means $1 last year will have 33 cents purchasing power not too far
>> into the future.

>

>> Look at it as the cost of gold and oil is constant, and it is the currency
>> that is fluxuating in depreciation due to dilution. Add that this causes a
>> rift in the economy, people lose homes and jobs until it is fixed. It is
>> the little people who get screwed the most.

>
> Oil and gold are in bubbles. Nothing's fundamentally changed since about
> 1998 - we have too much cash chasing too little stuff - at least
> from the point of view of the marketplace.
>
> --
> Les Cargill