I have received a good question from one of my customers in Japan which I though could be best answered here.
"Have people considered the problem of what will happen when systems like e-gold really take off in a big way? If these organizations end up buying a *lot* of gold it could drive the price up I assume, unless the supply is so huge that it doesn't matter. I don't think it's necessarily a bad thing, but it could then accelerate a movement away from fiat currencies, exacerbating the problem and you could get a kind of runaway appreciation until the price of gold stabilizes at some level, though I don't know what that would be."
My customer has joined this list and would value your thoughts on his question. Thank you.
Regards,
Joel Bruce http://asianagold.com
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