SV: M-TH: Marx on GOLD

[Bob Malecki]

----- Original Message ----- 
From: Doug Henwood <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, June 07, 1999 11:14 PM
Subject: Re: M-TH: Marx on GOLD


> Lew wrote:
> 
> >The main purpose for gold these days is settling international exchange
> >rates between currencies.
> 
> Gold has minimal international functions. 

All depends on where you are coming from. Heard that plutonium has quite a high rating 
and I doubt if gold,silver or diamonds will disappear. Recently Koreans were sending 
all their jewels and gold to the state to save it.

To believe that paper will replace the standard of gold I think very superfisal..

Warm regards
Bob Malecki



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