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To: Enigma who wrote (53490)6/1/2000 10:20:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
Well you know the problem with diamonds? It's a rigged market - and they can be made by man.

Isn't that what folks are saying about gold? And man has been trying to turn lead into gold for centuries. What happens if some modern day alchemist actually succeeds?

transmutation.com

transmutation.com
gtri.gatech.edu
monatomic.earth.com
geocities.com

After all, what is gold? Just a number of protons/neutrons being orbited by masses of electrons. If they eventually are able to tear matter apart to the atomic level and rebuild it in the shape and density they desire, it will be equivalent to exactly what the Fed is doing with the Fiat money supply.

Again, that's why this whole discussion about the "soundness" of gold backed currency is a fallacious one.

It is all in the perceptions of individual human beings when it comes to what they consider to be an acceptable medium of exchange.

Regards,

Ron



To: Enigma who wrote (53490)6/2/2000 8:45:00 AM
From: long-gone  Respond to of 116764
 
<<Well you know the problem with diamonds? It's a rigged market - and they can be made by man. >>

Very interesting Nova program the other night on man-made Diamonds. Seems despite all the technology man can't make a clear (non-yellow) diamond of gem quality without retaining a bit of the metal matrix starting point above 1.25-1.5 K range. They also have problems making blue shades of color. There is one company which claims to be making them, but despite their claims DeBeers says all they have seen are flawed, have a color problem,have matrix remaining, & retains phosphorescence under a strong black light.