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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: Hawkmoon who wrote (37850)	7/27/1999 7:16:00 AM
From: long-gone	Read Replies (2) 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.>> I also don't understand and wonder about their "agenda" and the purity of that agenda. If the price of gold is lower, some thinly plated gold from electronics and cheap jewelry ends up in landfills. If gold is cheap those mining gold in many of our western US instead turn to casino work to make a living. Ever wonder what does worse for the overall environment of Nevada gold mining or tourism? OK, let's fly, bus, and drive in people to support a few or we can support that same few via export of gold. Which abuses the critical water resources more an exporting modern environmently sound gold mine or all those guests in a casino and a few swimming pools, and water parks, and worst of all(but very P.C.) a golf course or two? Everything is a trade off. If they get the price of gold down, the most modern, worker safe,and environmently regulated gold mines in the world shut down in favor of 3rd world production.

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