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

To: Hawkmoon who wrote (43802)	10/25/1999 1:56:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116832

<<That specimen gold loses the majority of its value once it is melted down. Thus, we're talking apples and oranges here, specimen gold (the value of which fluctuates based upon its peculiar form or shape) and gold bullion.>> No, you still missed a part of the larger issue. At some point, it may make no longer be profitable to look for these specimens(which may or may not exist) and will go back to mining the sure thing level of gold ore. Lots of very sharp people work numbers very hard to try to even guess how much specimen gold might or might not be in these locations, the bullion ore can come from the same location. Increases in specimen gold price can be a leading indicator overall gold price, as supply of one is adversely affected by demand for the other. The presence of specimen gold on the property Ol49r discusses is unknown to me, but could well drive a higher value of those diggings, but this is by far a side issue(which I wanted you to understand). The drastic price increases in specimen gold does indeed show something and may be linked to other high art prices & rare gold coin prices seen of late. btw, the prices of specimen gold were discussed on this thread long before you came along.