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


To: Richard Mazzarella who wrote (58355)9/19/2000 9:12:45 AM
From: Enigma  Read Replies (1) | Respond to of 116762
 
Explain how the diamond industry can possibly ever, by the wildest stretch of the imagination, be a model for gold? When only one producer remains? Get a life, a brain, whatever!



To: Richard Mazzarella who wrote (58355)9/19/2000 9:15:02 AM
From: LLCF  Read Replies (1) | Respond to of 116762
 
<David, <<perhaps there is more to the story?>> Yes there is, the people that bought forward need to preserve price as long as they can>

IMO the net non-longterm position in gold is 'short' not long [ie. by non-producers, and non-users of the metal]. So it's the other way around... shorts are likely to try and hold the price down. Luckily the shorts are U.S. dollar players or they'd be getting KILLED as gold SOARS in most non-dollar terms as I stated before.

<That's the problem with a "useless" commodity (useless in terms of application), price needs to be regulated, supply and demand isn't relevant.>

Disagree again... supply and demand still drives the gold market, otherwise why would you bring up all the CB supply? And speaking of 'useless' commodities, assets, whatever.. what about the dollar? Why is IT so strong? People burning it?

No, the dollar is irrationally in demand at this point in time, and vs gold and many other currencies this too shall reverse IMO. Buy gold, sell dollars.

DAK



To: Richard Mazzarella who wrote (58355)9/19/2000 9:31:50 PM
From: d:oug  Read Replies (1) | Respond to of 116762
 
Richard,

Your comments about physical gold on this thread
are similar to those ravings of a jilted lover.

As for your outcry that she is a useless commodity
in regard to her use in applications is not only incorrect
but also a show of your response like a 1950s heart ache
and broken heart love song where the man who lost the
love of a woman tells all other men that she is not able
to receive and return love. Just the flip side of my song
of "... if i cannot have you, i want nobody." as your song
is "... if i cannot have you, i want nobody to have you."

Gold is not a useless commodity but a valuable one
in mission critical situations like military and space
exploration, and in the trivial use as jewerly
both utilizing gold's character to have a very
low chemical reaction with that which touches it.

Gold as jewerly is not really what folks today know it to be,
as long ago before the Madison Avenue of New York City
type folks figured out a way to sell an ounce of gold at
ten times current market value, back then when gold
was reconized for it limited occurance on planet Earth,
and it ability not to be damaged through corrosion
and not to be changed in function through for example
it happens to be crushed or hit by another harder thing,
that yes it became the best then and still today as what
Bon BeeSee is unable to see a link between something
that serves not only as money, but the ultimate money
object knowned as a Store of Value that has no ties
or strings or links or dependency on People who can
represent themselves as good, misguided and evil.

Kind of, i did, lose focus in above sentences,
but before gold became the jewerly of today
it was a store of value, and folks keep it on their person
for a lack of a safer place, and since the best place to
keep was not a pocket with a hole, but tied on a string
and worned as a belt or a noose around neck or a ring
around a finger, this lead some to become exhibitionists
and flaunt their wealth, and as expected other joined.

But it was just chunks and rocks of gold, but easy to
melt and form and add things to.... so jewerly came to be
a big way to carry your store of value "in fashion."

Today its ridiculous as a gold jewerly piece in most all
forms have not the function as a store of value, but like
an art piece able to obtain a worth far exceeding the
amount of cost of parts & labor.

For your,
... price needs to be regulated
... supply and demand isn't relevant
... diamond industry ... the future model for gold

all Hog Wash, not fit for pigs.

Now Richard I know you from another SI thread
and know you to be honorable and honest
and stand up and highly educated and somewhat
a mini zeev type scientist, but this love affair turned bad
takes no prisoners, has no mercy and can not be washed
away or turned away or hidden. The only words of help
I can deliver is that aTime is what can only lessen the hurt,
and its like radiation sickness that will not be fatal but yet
you feel like to are a compose pile getting ready to be used
to help grown next years tomatoes in the gaden.

But no, next year you will be eating those tomatoes,
but yes, next year the radiation sickness will still be,
and like aRadiation it has a half life, for this kind 10 months.

D:o)ug with Tongue in Cheek and lots of <<VBG>>s