To: long-gone who wrote (51694 ) 4/18/2000 3:50:00 PM From: russet Read Replies (2) | Respond to of 116764
and you act as though the current internet stock mania has nothing to do with greed & or the control of power & assets? Not sure how you get this from what I said, or why it matters. Can't agree that the internet, or for that matter the tech, biotech etc. rally is a "mania". Some of it is, some of it is warranted, depends on the company,...I try and invest in the companies that are, or will, make money on it. Being greedy is part of being human,...as long as there are things we want, and not enough to give everyone the same things, we and them will try and get them from others. Control and power are important because anyone posting on SI has a lot more than the majority of humans on this planet. If you sit back and ignore power and control, you will lose what you have to others because they want what you have, and will use force to get it. Once everyone gets their needs satisfied, this will be much less of a problem,...it is usually a few who spoil it for the many. The present internet is educating our children and ourselves. It is allowing scientists throughout the world to share information instantly. It is allowing us to share data about the world, gleaned from people and monitoring equipment all over the world in real time. It is allowing people to share their beer, wine and liquor recipes and make their own. It links all methods of transportation with warehouses to facilitate "just in time" delivery of goods to manufacturing facilities. It is making all who use it more educated and knowledgeable about whatever they are using it for. It is allowing the North American economy to run more efficiently than it has ever run before. We are just at the beginning of the information age. The changes are coming at a mind boggling rate, but will accelerate. The internet has also allowed me to get enough information to realize that supply and demand drives the price of gold. It has educated me that suppliers are not just the gold mines, but that Central Banks and scrap dealers and copper, nickel etc., mines are huge sources of supply that many people ignore. It has shown me that a huge underground market exists in the metal, that is not tracked in any way. It has hinted that the U.S. government may not have the gold they say they have, because they don't seem to want to do a inventory on it. My conclusion is that if my money is to grow, it should be invested in junior miners that will grow if they discover new resources, or invest in other parts of the economy,...like internets and techs. But suit yourself,...ignore the internet,...we will drag you along with us kicking and screaming I guess (ggggggggggggggg).