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

To: E. Charters who wrote (91176)	11/14/2002 1:25:40 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116922

>>in countries like France and China, much gold is still in private hands and is buried, not in banks.<< I double it in case of China. This might be true before the Cultural Revolution, but after it, I do not think much, if any, still buried under the ground. In private hands? some as jewelry, but not a whole lot. I do not even think many modern Chinese are interested in Gold that much, since they can now buy big house, nice cars, and all kinds of fancy electronics if rich enough. And the richest will collect arts rather than gold. of course just IMHO

To: E. Charters who wrote (91176)	11/15/2002 11:20:10 PM
From: Graystone	Read Replies (1) \| Respond to of 116922

No gold, no marriage. or The vital role of gold. If 70% of gold is used for jewelry and gold hits $3,800,000 an ounce (I have seen predictions that high), then the cost of even a small wedding ring will be outside of the reach of the average person. With rings costing more than houses only the rich will be getting married. Soon the poor would be unmarried and hence have no children, the only children would be the children of the rich, they would marry other children of the rich. In several generations, the poor would be gone and only the children of the rich would exist. Some theorists posit that class distinctions could become embodied as physical characteristics, I wonder what they would look like. Here is where gold really outshines silver. If you eat enough colloidal silver your skin will turn gray and stay gray, gold does not do that to you.