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

To: LLCF who wrote (54248)	6/13/2000 11:46:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116759

You've been whining about gold not having intrinsic value no? Oh Geezus Xhrist David.... You're becoming almost as annoying as Richard with regard to how you seek to twist and turn any little trivia or negative tidbit of information into the next excuse for the return of the gold standard. I never said gold didn't have intrinsic value. Everything I can immediately think of has some intrinsic value, with the possible exception of your rambling comments. WHAT I HAVE SAID is that we cannot arbitrarily set an intrinsic value to gold, such as $35/ounce or $42/ounce, or what have you. That is not intrinsic value, but a fake value arbitrarily set by banking officials in CLEAR DEFIANCE OF MARKET FORCES. And for that matter, so is forcing the Central Banks or the US treasury to maintain huge quantities of the metal in vaults where such storage becomes an explicit subsidy of the gold market keeping prices higher than they would be otherwise. Bookmark this link David... so you can save me the bother of having to once again state my case, as well as saving you some measure of credibility as a thinking rational being. Regards, Ron