[danielmryan]

Just enough to issue at the margins until the dollar has parity? Parity how, at $20/ounce? It would have to be $2,000/ounce. I don’t understand what you mean by “margins.”

"At the margin" is a standard economics term. What he's trying to say is, let the price of gold find its natural level and fix the dollar there. It might be $2,000/oz; it might be $5,000. Only the market knows for sure: I've found out the hard way.

With regard to your comment about "not enough gold," you seem a little behind the times. Have you heard of digital gold? It's made gold fungible down to thousandths of a gram.

This outfit's the best-known vendor of digital gold.

[DRey]

I understand margins, but I didn't understand the "natural level" aspect. Does that mean it's supposed to settle when someone decides, okay, today is the day, and then it's fixed at that rate permanently?

As far as digital gold and whatever...wow. Yeah, I'm behind the times, and from what I hear, I don't like the idea at all.

Thanks for the clarification.