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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: teevee who wrote (36785)	7/7/1999 9:08:00 PM
From: Hawkmoon	Read Replies (1) of 116753

teevee, Don't let Doug A.K. get you down (doubt he could anyway...:0) You're quite right that there have been a number of commodities that were more valuable then gold and silver throughout history. We have only to look back at the time of Marco Polo and Columbus where a spices and silk were so prized that they were considered far more valuable, per equivalent weight, than gold. And spice was far more useful as well. It helped to preserve meat and cover up the wretched taste of onsetting spoilage. Hmmm... a merchant's choice. A ship hold full of spice and silk, or a cargo of gold?? Seems that the proper cost-benefit analysis was performed since I don't recall reading of too much gold being imported from China and the rest of Asia. Regards, Ron

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