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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 (68132)	8/11/2006 11:01:48 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 110194

shades I fear for you brother. Lots of women want gold. NOW you see the value? And that is defintiely 'to the point' so to speak. -g- <<It is only VALUABLE to the point someone will give you something you REALLY DO NEED for it>>

To: shades who wrote (68132)	8/11/2006 11:05:33 PM
From: TimbaBear	Read Replies (1) \| Respond to of 110194

shades The man with the gold makes the rules. Your Indian friend would just get blown away by some thug or army of thugs I hire with my gold. If you gave half as much energy to creatively thinking of how the man with the gold would win as you do to how he wouldn't, you would soon come to the conclusion that the man with the gold alway wins. He buys the man with the MREs, he buys the man with the pigs, he buys their daughters and their sons. Really no different than today, just the medium used to entice is somewhat different. I don't expect things to get quite that bad here in the US and I don't own gold (in several forms) for that reason, for me it is all about parlaying one form of asset into more wealth. If anything hits the fan I want to do my best to ensure I'm one of the men with the gold. I live in clearwater fl I live about 45 minutes north of you in Spring Hill. If you ever want to get together to shoot the breeze, let me know. Timba

To: shades who wrote (68132)	8/11/2006 11:54:54 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

Do you really believe if gold goes to 30K an ounce next month - the world financial system implodes Interesting question. No, if Gold went to 30K an ounce tomorrow hardly anything would change except there would be some instant billionaires. That might matter so pick a different number, say $2500 tomorrow. Nothing would happen that I can see other that a lot of people here would retire. However, under what conditions would gold go to $2500 tomorrow? Gold in and of itself is meaningless, but what might cause gold to go to 2500 overnight would most certainly not be meaningless. If gold were to slowly rise to $2500 and nothing else happened, who cares? It would not matter one bit in the grand scheme of things. 30K is another matter. Other than something like that, the price of gold is essentially meaningless. Mish

To: shades who wrote (68132)	8/11/2006 11:57:16 PM
From: mishedlo	Respond to of 110194

by the way, at 30K oz I bet you can mine it from sea water profitably. There are trace amounts in seawater. I wonder what the break even cost would need to be. Whatever it is, gold would not get that high. Mish

To: shades who wrote (68132)	8/12/2006 12:05:12 AM
From: mishedlo	Read Replies (2) \| Respond to of 110194

Gold from the Sea goldfever.com ================================================ second article: Technology' to extract gold from sea water A Chennai-based scientist, Joy Prakash Agarwala, has claimed that he has developed a technology that can extract gold from sea water, at a much lower cost than the present market rate. Sea water contains 10 parts per million (PPM) of gold, which can be extracted by ``carrier mediated transport through immobilised liquid membrane (ILM) technology,'' says Dr. Agarwala, who has a doctorate in Chemical Engineering. He claims that his extracted samples were analysed by the Geological Survey of India, Kolkata, but refuses to share the exact technology and the materials used for the ILM or the carrier, as they are yet to be patented. The technology, when perfected, will have great implications as gold can be extracted from sea at the cost of Rs. 2300 per 10 gm., he claims. ``The seas contain about six billion tonnes of gold.'' After getting his B. Tech degree in 1982 from IIT, Kharagpur, Dr. Agarwala did his post graduation and Ph.D from Colorado. Since then, he has been working on projects to remove lead content from drinking water in the U.S and reduce arsenic from drinking water in West Bengal. That was when he began perfecting the ILM and carrier transport methods. In 1998, at the Colorado Government's invitation, he explored the possibilities of extracting gold from the (old mines) in Colorado, when he found gold in Colorado River. ``The technology that is nearing perfection can extract gold or even uranium from the sea,'' according to him. "The carrier and membranes should be changed to suit the application.'' He is seeking the Indian Government's help to set up a pilot plant for demonstrating the technology. Dr. Agarwala is under ``enormous pressure and inducements'' from certain agencies and countries to ``sell'' the technology, he says. ``But, I am clear that India should hold the patent from this technology.'' Chemical engineering scientists and academics here say it is theoretically possible to extract gold ions from sea water. Recovery of dissolved gold from solutions has been tried successfully with some other methods in laboratory conditions. The idea of using liquid membranes for separating gold ions from sea water appeals to the experts at IIT, Madras, though the practical application at a pilot project/plant levels has not yet been tried. Of course, the scientists feel the technology, which Prof. Agarwala claims to have developed, needs to be validated. An IIT professor, who works on membrane technology, wonders about the cost-effectiveness of the technology. As gold material itself is precious, the technology may be commercially viable, subject, of course, to validation. A random check of the worldwide web shows that the use of immobilised liquid membranes, along with the use of carriers, can recognise specific molecules and separate them from solutions. Liquid membranes can be used for waste-water treatment and recovery of metals from solutions. A Canadian university website, which provides some details on ocean chemistry, says small amounts of manganese, lead, gold, iron and iodine are available in sea water. hinduonnet.com

To: shades who wrote (68132)	8/12/2006 1:40:11 PM
From: Square_Dealings	Read Replies (2) \| Respond to of 110194

Your obsession with discounting the value of gold borders on insanity. Talk about gold bugs being crazed. Maybe you should read last years U.S. government accounting report which shows that the Federal Reserve took gold receipts as collateral for a loan to the U.S. government. The US government accounts for gold as an asset. Central banks around the world account for gold as an asset. Obviously they agree it has value. They didnt take chickens or river rock for collateral dude. You're blowing smoke and its getting old. sd