prgrmr Posted June 26, 2005 Report Share Posted June 26, 2005 Dallas Maverick's owner Mark Cuban has some thoughts on that: http://www.blogmaverick.com/entry/1234000250045776/ Quote Link to comment Share on other sites More sharing options...
Ferret Lord Posted June 26, 2005 Report Share Posted June 26, 2005 Interesting thought about lowering the national debt. Gold IS just another commodity just like any other precious metal or anything else for that matter. Then again, I'm a big silver fan anyway. Quote Link to comment Share on other sites More sharing options...
gxseries Posted June 26, 2005 Report Share Posted June 26, 2005 lol he sure made a horrible error when he typed in this line: "Let’s sell it while the price is over $42 per troy ounce." THAT might be a good idea for us coin buyers as that will force gold coins prices to go much cheaper in general But in reality, I doubt that is a wise idea. Because BOTH gold and oil are limited natural resources, converting to one resource to another isn't a brilliant idea and eitherwise, both of them are at one of the most expensive prices ever. Trading gold for oil is totally bullish, if not, silly. Quote Link to comment Share on other sites More sharing options...
prgrmr Posted June 26, 2005 Author Report Share Posted June 26, 2005 I think the $42/oz is reference back to the price of gold when the US came off of the gold standard in the early 1970s. Quote Link to comment Share on other sites More sharing options...
gxseries Posted June 27, 2005 Report Share Posted June 27, 2005 I was pretty sure he missed typing a zero in there... gold is staying around 440USD per ounce right now... Quote Link to comment Share on other sites More sharing options...
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