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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 693.77-0.2%Jan 13 4:00 PM EST

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To: GROUND ZERO™ who wrote (21779)7/19/2011 3:27:36 PM
From: Kirk ©  Read Replies (2) of 221714
 
Yeah, I remember when Gold last peaked I was in college at UC Berkeley where they have a reactor AND my grandparents gave me a gold ring for a graduation gift (1979) that is maybe half an Oz of gold... an alloy to be strong but still not cheap. I recall talking with a few other students in engineering about the possibility of using the reactor to make gold but never did a cost analysis.

This is the first place I looked
en.wikipedia.org

BTW, I figured out an answer for why Gold isn't money for uncle Ben to give Ron Paul... if someone hands you a 1 Oz gold eagle and asks for change or if someone brings in a gold bar to buy a nice car... how do you know it is 100% pure? You don't which is why it is not money... far too easy to counterfeit.
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