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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (66760)7/24/2006 11:24:57 AM
From: ryoung8918  Read Replies (1) | Respond to of 110194
 
Beyond money, what is a really good use for gold that can't be hedonically substituted by something more plentiful and cheaper?

Beyond speed in transport, what is a really good use for jet aircraft that can't be hedonically substituted by something more plentiful and cheaper?

I saw a report on CATERPILLAR that mining is great and lots of people everywhere are increasing thier mining production (except indonesia - a small market for CAT) - they have good expectations for the second half - why all this rush rush rush to dig up shiny golden metal?

Mmmm, maybe since it has more than doubled in value since 2000?

I look around my room watching stargate atlantis on my monitor and see a gold coin over in my corner collecting dust - every episode of stargate I watch they use guns or trading of technology or food to kill thier enemy or help a friend - they thirst for power to run the city - but they aren't killing for gold or dying from lack of it - strange. The evil Geddi in stargate want medical technology and nuclear technology - don't give a flip about shiny metal - what idiots eh? Reminds me of the chinese that could have sent spies into fort knox to check on or steal our gold - instead they sent spies into weapons and technology companies to steal information - so silly eh?

News flash - Stargate Atlantis is a television show, and a fantasy at that. You want sci-fi more like this planet, take the Alien series. And what was the Nostromo - a mining ship.

Have you ever read aesop's fables about the miser and his gold?

No, but I have read that "the love of money is the root of all sorts of evil". Whether the money comes in the form of gold, tech stocks, T-bills, oranges or conch shells.