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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: long-gone who wrote (37815)	7/26/1999 9:10:00 PM
From: Hawkmoon	Read Replies (3) of 116767

GoldBusters aims to depress the price of gold by asking governments and individuals to divest of gold investments and consumers to no longer purchase gold jewelry. Kinda makes you wonder what their "agenda" really is. Quid pro quo with the gold miners?? We'll support your efforts and they provide them some form of legitimacy by working with them on their "sustainment" effort. Their goldbusters tactic sound very similar to that taken with the fur industry. Richard, I'm not opposed to mining for natural resouces that are utilized as raw materials to produce commercial products. But I really don't see that much cost/effective use for gold in industry to justify clear-cutting triple canopy jungle and hydraulically mining hundred's of square miles of clay soil in the Amazon basin looking for it. I see it as being no better, if not far worse, than farmers and ranchers doing the same thing trying to make an agricultural living on the minerally poor soil of the rain forest. Neither one are justifiable. And I don't even have to be an enviro-wacko to figure that one out. Regards, Ron

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