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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (11307)2/21/2000 6:16:00 PM
From: re3  Read Replies (1) | Respond to of 42523
 
<<<<How much more to the stuff is there besides that people like to bang it into pretty shapes and hang it from their body?

you'll find out sonny <g>



To: Jorj X Mckie who wrote (11307)2/21/2000 7:27:00 PM
From: Lucretius  Read Replies (4) | Respond to of 42523
 
what's the value of a piece of paper w/ green print on it that says "federal reserve note"????

it all about perception.. gold is a currency and has been for thousands of yrs. It that cannot be printed in infinite amounts to all who want or need her at a particularly ugly finanical moments to meet debts or political moments to grease the months leading into an election

gold is money and all paper currencies lose 100% of their value eventually, 100% of the time.



To: Jorj X Mckie who wrote (11307)2/21/2000 8:19:00 PM
From: re3  Read Replies (1) | Respond to of 42523
 
i'm not the best person to ask about golds industrial potential or lack thereof. i bought it for reasons other than its industrial potential. we can discuss those if you want.

i'll pm you.

ike



To: Jorj X Mckie who wrote (11307)2/21/2000 9:55:00 PM
From: BGR  Read Replies (1) | Respond to of 42523
 
Jorj,

Excellent questions. If you eliminate the use of gold in jewellery (a fashion trend which has been in a downtrend worldwide over several centuries) there is way too much supply of gold compared to demand. Take out the less than 100% gold backed guarantee for major currencies (which, again, has been rather unpopular of late) and you are left with a severe supply glut.

-BGR.