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

To: Don Lloyd who wrote (88650)	8/9/2002 9:00:00 AM
From: E. Charters	Respond to of 116773

Dependent on the confidence in its power, or more positively in the lack of confidence of other things? (Gold's perceived value) If we subtract confidence to the negative penultimate then we still need exchange, if all other economies are bankrupt, or dissolved by decay or collapse of infrastructure. There will always be a culture that needs to bargain on things of need, so an arbiter of that bargaining must be basic. Gold is most basic so most secure. Culture seems to dicated the price, but underlying that is the question of intrinsic good, whereby things find their value because of their character. In this gold will always have that edge of being of such a character that it will find its place in any kind of economy. EC<:-}