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To: Jorj X Mckie who wrote (11311)2/21/2000 6:40:00 PM
From: Kailash  Read Replies (2) | Respond to of 42523
 
Good question. A physicist friend once made the claim to me that the value of gold would be just as high if it lost its investment appeal, purely on the basis of its industrial uses. It conducts well and doesn't corrode; great for electronics. Seems dubious to me -- can we get figures for gold consumption for industrial uses, outside of jewelry?

BTW, I think you guys are a riot and a lot of fun. The really obnoxious threads are those where people try to fool each other into buying or selling certain stocks based on twisted information. This bantering seems all above board to me -- or close to it. Sometimes there's a touch of viciousness, but that's just because Luc's lost more money than he'll ever be able to fully fathom <g>.

Kailash



To: Jorj X Mckie who wrote (11311)2/21/2000 8:02:00 PM
From: Giordano Bruno  Respond to of 42523
 
chicks dig it.

seriously



To: Jorj X Mckie who wrote (11311)2/21/2000 11:48:00 PM
From: Ilaine  Read Replies (2) | Respond to of 42523
 
The main industrial uses of gold are dentistry and electronics. It's the best conductor of electricity. I've got gold inlays and crowns, they are much better than amalgam, which contains mercury and falls apart eventually, and gold doesn't leave a funny taste in your mouth. I've got gold jewelry, it never turns green, never gives me a rash, the gold surface never wears away, so even though it costs more than silver or gold plate, it lasts much longer and is much better value. Gold's high reflectivity and resistance to oxidation makes it a useful material for certain lenses, e.g., the reflector mirror on the Mars Orbiter's laser altimeter. Very thin layers of gold, which is very flexible when hammered thin, form attractive surfaces on such varied items as the gold domes of churches, and the gilded edges of luxurious books, and decorative motifs on leather goods, etc., etc., etc. Gold salts are used to treat certain forms of arthritis. That's all I can think of, so I looked it up on the internet, and found out that one ounce of gold can be used to coat 1,000 feet of glass, and that the reflective glass can cut heating and cooling costs by 40%.

gold.org