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


To: Enigma who wrote (53510)6/2/2000 8:16:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 116764
 
Enigma, <<Is that cash - or what?>> It's a what, a simple commodity, get used to it. I can also trade toilet paper in every nation on earth for goods and services. Is that cash? LOL

Bullets, missiles, or microprocessors have more trade value than gold. Gold is only worth value based on supply and demand. The banks still have too much useless gold to dump and that will continue for some time to satisfy the demand. If you like the idea of investing in precious metals, go for silver IMO. At least there's a growing demand (China, etc.) with some new technology (tarnish free) that may significantly increase demand.