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Gold/Mining/Energy : Battle Mountain Gold (BMG) -- Ignore unavailable to you. Want to Upgrade?

To: Oak Tree who wrote (123)	7/30/1999 3:18:00 PM
From: donald martin	Respond to of 174

<<I am wondering why anyone wants gold. Why not just have money or property.>> What kind of money? And property under what political jurisdiction? Sooner or later, you'll see people wanting gold. Here's a good exercise I'm too lazy to perform. Compare a portfolio of Japanese yen(20%), Japanese stocks(50%), and Japanese real estate(30%) to gold priced in Yen from 1988 to 1998. That's why people want gold.

To: Oak Tree who wrote (123)	7/31/1999 9:31:00 AM
From: long-gone	Read Replies (1) \| Respond to of 174

<<Richard, I have been a long time gold-phile. The problem is that after taking such a beating for so long I am wondering why anyone wants gold. Why not just have money or property. They have been far more reliable forever than gold has been. Gold is ok for jewelery but so is brass. At least silver used to be important for photography.>> Money can be printed with-out value, property can go down in value if one lives in an inflated area. of brass for jewelry, OK if you want green. still nothing better than gold for some electronic contact applications.