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


To: Broken_Clock who wrote (41871)10/3/1999 5:08:00 AM
From: d:oug  Respond to of 116759
 
Papaya King <<MB used to run a huge bond fund>> Thanks, and it seems
that he expects gold to reclaim its value as a store of wealth and not lose it
in the near future of 5 years.

I guess now that the gold bugs can point to a price of gold going upwards
rather than lower and staying low, that it might be interesting for those
like Ron Reece to estimate the price of gold as a commodity with limited
commerical uses. Could open a discussion aNew on why something, if not
viewed as money or a store of wealth, could be priced 10 or 100 times
what it would be if its commercial use was used to determine price.

Doug