17 Dec
2003
17 Dec
'03
11:17 p.m.
Alexander Reynolds says:
Since the topic of backing seems to go towards gold, what about the purity of the bullion and who (which government) presses it? Gold pressed by the Canadian government at .999 troy oz might not be worth a whole lot as backing if that government collapses tommorow.
Pardon, but what does the purity of the gold have to do with who mints it?
What's to say it isn't iron pyrite or any similar looking material if the government isn't there to back it?
Have you ever heard of doing an assay? Perry