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


To: E. Charters who wrote (87030)6/17/2002 10:21:21 PM
From: Richnorth  Respond to of 116938
 
I guess it is very simply that gold has been recognized for the better part of 6000 years
to be an incorruptible store of value and wealth and its unique properties of high malleability,
ductility and reflectivity and incorruptibility have enabled artisans to fashion from it things of
lasting beauty that give joy forever. As such gold metal and its artifacts has been recognized
to confer wealth, status and power and to have the capacity to buy success and happiness for its owner.
(BTW, the Golden Constant tells us that the value of gold has remained practically constant over the ages.)

Such notions about gold have been so indelibly etched into the psyche of man since time immemorial that he just can't fail to get excited whenever he sees gold. Recall the Gold Rush days, the Klondyke days? Those were days when men were men and women
were women and they all did devil-may-care and hair-raising things in striving to get at least some gold.
And William H. Prescott tells us in his History of the Conquest or Peru: "There's no mountain
so high that an ass laden with gold cannot pass." Of course, the men there were so fired up by visions of all
the wonderful things that gold can do for them that they got the asses and their very own, too, going despite all the hardships they had to endure.