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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (36308)7/2/1999 8:01:00 AM
From: Hawkmoon  Read Replies (3) | Respond to of 116762
 
It will be the fuel cell. These fuel cell will chemically produce electricity from the reaction of hydrogen or a fossil fuel against a metal plate(there are indications the best are platinum palladium or an alloy of these with silver).

Yes, Richard... sigh.. But I was referring to gold AND NOT SILVER, wasn't I?

I certainly have more faith in silver than I do in gold. Gold is in stockpile, overpriced beyond efficient industrial use, and treated as a currency reserve (according to you all). Silver certainly seems more fairly priced for industrial usage and thus will maintain its demand in industry for the forseeable future.

But then again, you are now expounding on Gold's quality and value as a commodity. It can't act as both currency and commodity and still realize its greatest efficiency.

If it is a currency, then demand should be retained SOLELY for CBs and not the jewelry market. All gold should be retained by banks if gold is a currency so that the appropriate amount of paper demand notes can be officially issued.

One of these days Richard, maybe you'll understand...... <sigh>.

Oh and Richard?? Btw, those electric motors you think will take up the current slack in copper demand are already in those vehicles. They are called "alternators".

Regards,

Ron