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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.27+3.5%4:00 PM EST

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To: Tommaso who wrote (2480)10/26/1997 9:47:00 PM
From: Richnorth  Read Replies (1) of 116847
 
Gold needs no "demystification." Since time immemorial, it has been regarded as a store of value, and it continues to be regarded as such regardless of its detractors! Gold's beauty and its inertness make it most apt as an everlasting prized asset. Gold's remarkable malleability and ductility and reflectivity have enabled artisans through the ages to craft, out of gold, objects of exquisite beauty. And, as the poet, John Keats, has written, "A thing of beauty is a joy forever!" So why knock gold? Also gold, because of its remarkable electrical conductivity and other desirable properties already mentioned, is used quite extensively in the manufacture of electronic components/gadgetry/equipment and other things that require the special properties of gold for them to function effectively. Of course, everyone knows the important role that electronic equipment play in our daily lives. Beyond a shadow of a doubt, gold is here to stay. It is not simply just another form of matter: it is an essential element (perhaps a sine qua non) of our civilization which will be reaching for the stars in the next millennium!

The aura of importance of gold as a thing of beauty and as an eternal store of value is, imho, so indelibly etched in the psyche of homo sapiens that no amount of propagandizing/manipulation, to the contrary, on the part of self-serving or so-called new-era governments, will succeed in dethroning gold's importance.

Why do some people seem to like telling others that gold is "just another form of matter?" Is it because it suddenly seems so cute or fashionable or ultra-modern or so new-era to say so? Or perhaps it is nothing more than merely attempting to expand/elevate the consciousness of others regarding gold's eventual relegation to being a common commodity.
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