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To: brightness00 who wrote (75172)3/4/2001 10:10:34 AM
From: Zeev Hed  Read Replies (2) | Respond to of 436258
 
But Jim, there are about 4000 tonnes of gold produced and consumed every year, barely 15% of that goes into various (collectors) coinage, it is a very useful metal and if its price was lower its utility would increase drastically, hey, at the right price, I am sure that Au is better than Ag for those HTS wires cladding tubes, during sintering, you have even less reaction that with Ag. (VBG).

Zeev



To: brightness00 who wrote (75172)3/4/2001 2:12:05 PM
From: LLCF  Respond to of 436258
 
<One may think that a basket of commodities would theoretically work even better than gold alone to serve as benchmark for controlling monetary growth. >

Exactly... food makes the world go round, the actual currency matters little IMO, gold is at least as good as paper.

DAK