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Gold/Mining/Energy : ECHARTERS

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To: E. Charters who wrote (1041)	11/4/1997 2:01:00 AM
From: Eashoa' M'sheekha	Read Replies (1) of 3744

Value Is Sometimes Percieved And Other Times A Case Of Supply/Demand. Food and shelter fits well in the supply/demand/cost of production equation.Beer on the other hand is an artificially inflated " luxury " to tax the naves.Diamonds are artificially inflated to create the illusion they are rare(er).Dollars and bonds are promises to pay the holder fair face value in a commodity or service of his/her choice. Resources are finite.A persons time and expertise(work)is often valued on supply demand and self promotion. Gold is only cheap in the US dollar.The rest of the world is finding it more expensive to buy.The majority of producers cannot produce it at a profit at todays USD levels.Untill the USD Greenback weakens, the mining companies and explo companies are going to have a hard time of it.In order toweaken the USD,their needs to be inflation in the US. Don't ya just love a seventy cent Canadian Loonie.MAybe they should make them so we can break a piece off to show it's true value in this global..cough..cough..economy.The USD costs 11 pennies to produce.Now thats the business to be in Eric.I hear those new laser printers do a real good counterfiet job.Can't be any worse than a counterfiet economy.

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