Thursday, January 05, 2006

Bob's Gold Price Column

Bob's Gold Price Column: "A year or two ago Jason Hommel put together a list of numbers that indicate the extent of future demand for gold and silver. They are quite striking. They put the worlds of

1.) money (something that is nobody's liability)
2.) currency (a note, financial contract, financial instrument)
3.) government fiat tokens (paper and digital bits temporarily used as money
and currency) (in the history of the world, there has never been a token that did not become worthless)

in perspective relative to each other and more specifically to gold and silver, and gold and silver shares (stocks).

Here is a sampling of 35 numbers that Jason has put together:"

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