Re: Disc: Philosopher's Stone

[PETERSR@spiegel.becltd.com (Peters, Rise J.)]

Poster: PETERSR@spiegel.becltd.com (Peters, Rise J.)

Of course, it's more likely that the general run of gold-holders will simply 
start killing alchemists out of hand.  Much easier way of defending the gold 
than trying to establish a safe zone.
 ----------
From: atlantia
To: PETERSR; atlantia
Subject: Re: Disc: Philosopher's Stone
Date: Friday, November 01, 1996 11:55AM

X-Organization: The Merry Rose



Poster: Dave Montuori <damont@wolfstar.com>


> F> [...] sell your process to the highest bidder and start buying precious
> F> metals other than gold.  When the process becomes widely known, the 
gold
> F> market will be unstable and not worth investing in because if the risk.
>
> C>  Watch the known world's currency basis change really quickly....
>
> K> I do not agree with the premise of a fluctuating gold market.  After 
all,
> K> the same amount of gold will be there.  It just won't be YOURS! ;>
>
> Indeed, this mere translation of gold from one location to another would
> be LESS destabilizing than the transmutation of gold which the alchemist
> was trying for.

I do not agree. Gold would become much less valuable as a stable currency
if one has no idea when it might turn to lead. The original intent would
have the effect of increasing the gold supply, which would *devalue* the
stuff, but predictably so. Auric translation is much more chaotic.

> A> Sell the process to the Duponts, invest in out-Kingdom certificates of
> A> deposit and send checks to your neighbours after you move off-shore. . 
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