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

To: Enigma who wrote (37099)	7/13/1999 7:02:00 PM
From: Jim S	Read Replies (1) \| Respond to of 116791

No, DD, you misunderstand my point; sorry I didn't make it more clear. If gold drops to $5.00 per pound, that gold eagle will still be worth $50.00. If gold climbs to a gazillion bucks a gram, the treasury will still only give me a $50 bill for it. As currency, it is worth fifty bucks, guaranteed by our favorite Uncle. And, since it was minted by that same Uncle, it is currency, subject to whatever manipulations the Fed wants to apply. Would I sell it today for $50? Of course not. But, that is its value to the US Treasury. Same with a numismatic penny or philatelic stamp. While they may be worth more to collectors (hoarders?), the value to the Treasury or the Post Office is the amount indicated. generally when people refer to gold they refer to gold bars - not coins - coins are referred to as 'coins' QED? d Now it's my turn to not understand -- bullion can be issued in any number of forms. Are you saying that coins can't be considered bullion? Surely not. So, I don't understand your "Q.E.D." Sequitur, please? jim

To: Enigma who wrote (37099)	7/13/1999 7:49:00 PM
From: long-gone	Respond to of 116791

S&P Index Changes -- Who's In, Who's Out" personalwealth.com Standard & Poor's will replace Battle Mountain Gold (NYSE: BMG - news) in the S&P 500 with Conoco Inc. (NYSE: COC.B - news) after the close of trading Friday, August 6. S&P 500 component DuPont (NYSE: DD - news) is splitting off the remaining 70% of Conoco it owns in a tender offer that expires on that date. Battle Mountain Gold is being removed for lack of representation. Conoco will be added to the S&P 500 Oil (Domestic Integrated) industry group. biz.yahoo.com