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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: Hawkmoon who wrote (36267)7/2/1999 7:35:00 AM
From: long-gone  Read Replies (1) of 116762
 
<<Do I hate copper miners just because I think Fiber Optic bandwidth will ultimately make twisted pair copper absolutely obsolete??>>

And what Ron are we to believe of this magic new world where there is a reduced need for every natural resource? That there will never again be an increased need for any natural resource"

Are you looking far enough ahead as to understand we are leaving the time of the internal combustion engine for use in personal transportation? Then we must ask what will be used to produce this power source? It will be the fuel cell. These fuel cell will chemically produce electricity from the reaction of hydrogen or a fossil fuel against a metal plate(there are indications the best are platinum palladium or an alloy of these with silver).

After this new technology produces the electricity, it must be transformed into a mechanical force.
To do this, an electric motor is required. These electric motors have COPPER windings! Multiply these many miles of copper wire by every auto on the road!

Were you even aware there is near no "pure gold play" among the producers near all produce SOME OTHER metal also?

You speak of me as inane? Then dare talk this trash to these people with a technical background? SIR, inane is an argument when you have no position worthy of support. Btw, most of these electric hybrid automobiles will have GOLD at many key connection points due to efficiency and
corrosion resistance.

When you look at a company or industry Ron, you should look at the possible overall bottom line with every possible change. I'm working toward a future not a present.
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