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To: long-gone who wrote (72223)6/22/2001 3:41:18 PM
From: marek_wojna  Read Replies (1) | Respond to of 116767
 
<<. If every person walking the earth had the money(and desire) to buy 2oz of gold, even were it to be used as teeth, it would be a positive for the industry & there would be no surplus of gold.>>

Not yet. Too cheap.



To: long-gone who wrote (72223)6/22/2001 3:46:57 PM
From: Ahda  Read Replies (2) | Respond to of 116767
 
Gold does not do what technology can do for man kind. But in this case the cost of technology went way beyond the profit potential.

The future is unlimited in scope but when the future overshoots the ability of the present you have the cart before the horse and you are playing catch up to costs.

I sort of feel that is where we are at present.



To: long-gone who wrote (72223)6/22/2001 6:15:41 PM
From: Tom M  Read Replies (2) | Respond to of 116767
 
hmmm, world population growing, and gold supply finite - be it money, jewelry, state capital dome covering, cheaper catalytic converter, medical breakthrough, unprintable store of value, or just eye candy. Let the CB's sell it all & back the paper with beanie babies & we can all have a good laugh about thinking gold was actually valuable at some point. What a historic bankster con-job.