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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (6468)	6/16/1999 2:23:00 PM
From: long-gone	Read Replies (1) \| Respond to of 81980

You said "No inherent value". Let me refer you to this again. 3 :relative worth, utility, or importance <a good value at the price> <the value of base stealing in baseball> <had nothing of value to say> Then as gold has the best temperature and electrical conductivity of any mineral at room temperature state and offers the finest resistance to corrosion I suspect you intended something such as "limited value" due to these signs of utility . The very fact that today INTC, IBM, and others today use gold wire in their bonding processes, the military requires it in many Mil-Spec electronic applications which are exposed to the corrosive environment of sea spray air, the very fact that medicine is made of gold salts for the treatment of arthritis, that gold is used for in-body contacts in heart pacemakers in the corrosive environment of blood, that as it has dental uses(though limited) it has SOME LEVEL of inherent value in(at least) these applications. The "utility" of gold in these applications proves some inherent value. As always, "All generalizations are flawed, even this one". My comments were related to the generalization passed on though the use of the term "no inherent value" when a better time based one might have been chosen, based on current utility(such as "limited inherent value"). While these uses in no way(or only in the slightest way) impact the current price, they do show utility and there-by worth. You see, just a matter of degree. Cheers.