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

To: Jim S who wrote (36363)	7/2/1999 4:25:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116762

<<Isn't that a great reason for gov'ts to hold gold? Because of its frivilous value as a midas metal and relatively limited industrial use, it seems to me that it is perfect -- huge psychological value, yet withholding large quantities won't disrupt "practical" industries like the withholding of strategic stuff might. >> Perhaps as among the major "industrial" uses of gold are in DoD / NASA contracts (required for the national defense - some would say) it makes even more sense as a reserve asset.