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To: regli who wrote (43655)	12/30/2005 2:23:38 PM
From: loantech	Read Replies (1) \| Respond to of 116555

I agree 110%. It just seems like these articles come out after or during a POG rise. Like with the current POG rise it is just about time to announce some more central bank selling........

To: regli who wrote (43655)	12/31/2005 11:11:12 AM
From: studdog	Read Replies (1) \| Respond to of 116555

Regli, Nicely put comment on environmental costs. If the true cost of environmental degradation/cleanup were reflected in the price of oil, gold, and all other commodities (including agriculture)then commodity prices would be some large multiple of what they are now. We have chosen to either ignore the environmental downside and just live with a degraded environment or pay the cost through government programs. Either way we still pay. I would like to see environmental costs truly reflected in commodity prices and require mining, agriculture, oil etc to take responsibility for their actions. A great example is the loss of the barrier marshes off New Orleans due to the dredging of channels by the offshore oil industry. How much did that end up costing society at large? The answer is "alot". We paid and are paying for it and the true cost of extracting that oil from the gulf is hidden and not reflected in the price of oil at all. We still pay, just not at the pump, so there is no inherent mechanism to spur conservation. We keep buying gas because it still seems relatively cheap, but the true costs are enormously larger. Karl