The Trading Floor

[mick]

here is something for gold / drooy.
now Durban Deep has set the chain in motion for us to
be able to buy things like groceries with our gold
holdings, and hopefully be freed from the chains of
depreciating paper money. They bought a 1.4% strategic
stake in U.S.-based gold marketing website, http://www.GoldMoney.com.

"The aim is to enable investors to be able to walk up to a
teller and hand over their gold cards with payment being
effected directly from their gold accounts, which reflects
the amount of gold you hold. It will simply work like a
debit card.

"It will become a very real way of storing your wealth in
the future (the debit card facility is not available yet
but is expected to be soon)."

paper gold , hmmmm
i wonder if this will be rated differently for the rand vs the dollar exchange rate?