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

To: Lizzie Tudor who wrote (81289)	4/29/2007 9:37:08 AM
From: TobagoJack	Read Replies (1) \| Respond to of 110194

Message 23502283 <<The other metals you list are worthless imho, uranium should be singled out>> ... now that we have sufficiently illuminated you on that piece of non-wisdom, I am delighted to have pointed out the correct path, like so Message 23502460 <<platinum - coating on most hard drives, catalytic agent in enough gasoline, most diesel powered cars, and used in fuel cells silver - conductor in new generation power plants, kills germs in new era refrigerators and sox gold - emperor of all cash, which in turn are soon to be king to all assets>> As to <<he emphasis on gold today is really just based on the obsolete gold standard, when gold DID have some value. Now it is just a rock that is used in some jewelery>> ... perhaps you can explain why gold went from USD 250 to 680, and make sure the explanation stands to reason when gold hits 1,000 and then 10,000

To: Lizzie Tudor who wrote (81289)	4/29/2007 11:29:39 AM
From: RJA_	Respond to of 110194

Gold has attributes that make it superior as a medium of exchange and store of value. These come to the fore when all other mediums of exchange become corrupted... a process that has happened many times in world history and one IMHO that is happening again today, now. Gold usually becomes the money of last resort during those times. Its value to investors in times like these is enhanced as it makes its transition from commodity to money... Especially since uhmmm, everyone needs money... Same goes for silver to lesser extent. There is some monitary history to read on the subject... favorites around here are: Fiat Money Inflation in France (available on web) and The Economics of Inflation. Has human dna changed very much over last 5k yrs? Why then should it be "different" this time? Be well. RJA

To: Lizzie Tudor who wrote (81289)	4/29/2007 1:03:16 PM
From: bart13	Respond to of 110194

The emphasis on gold today is really just based on the obsolete gold standard, when gold DID have some value. Now it is just a rock that is used in some jewelery. Its not even a precious metal, it is not rare. Platinum is rare, and worth something. nowandfutures.com nowandfutures.com en.wikipedia.org Crustal rock, parts per billion of various metals Metal ppb, by weight ratio to gold Iridium (ir) .4 .1 Rhodium (rh) .7 .2 Gold (au) 3.1 1.0 Palladium (pd) 6.3 2.0 Platinum (pt) 37 11.9 Mercury (hg) 67 21.6 Silver (ag) 80 25.8 Molybdenum (mo) 1,100 354.8 Uranium (u) 1,800 580.6 Lead (pb) 10,000 3,325.8 Copper (cu) 68,000 21,935.5 Nickel (ni) 90,000 29,032.3 webelements.com