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


To: E. Charters who wrote (1041)11/3/1997 9:59:00 PM
From: Brander  Read Replies (3) | Respond to of 3744
 
But, invent a monetary unit that never changes, and you win the Nobel Prize, and sit along side Albert.

Brad



To: E. Charters who wrote (1041)11/4/1997 2:01:00 AM
From: Eashoa' M'sheekha  Read Replies (1) | Respond to of 3744
 
Value Is Sometimes Percieved And Other Times A Case Of Supply/Demand.

Food and shelter fits well in the supply/demand/cost of production
equation.Beer on the other hand is an artificially inflated " luxury "
to tax the naves.Diamonds are artificially inflated to create the
illusion they are rare(er).Dollars and bonds are promises to pay the
holder fair face value in a commodity or service of his/her choice.
Resources are finite.A persons time and expertise(work)is often valued
on supply demand and self promotion.

Gold is only cheap in the US dollar.The rest of the world is finding
it more expensive to buy.The majority of producers cannot produce
it at a profit at todays USD levels.Untill the USD Greenback weakens,
the mining companies and explo companies are going to have a hard time
of it.In order toweaken the USD,their needs to be inflation in the US.
Don't ya just love a seventy cent Canadian Loonie.MAybe they should
make them so we can break a piece off to show it's true value in this
global..cough..cough..economy.The USD costs 11 pennies to produce.Now
thats the business to be in Eric.I hear those new laser printers do
a real good counterfiet job.Can't be any worse than a counterfiet
economy.



To: E. Charters who wrote (1041)11/4/1997 11:03:00 AM
From: Theo  Read Replies (1) | Respond to of 3744
 
<<value never changes..how can the dollar and the bond exceed the value of what it buys?>>
It called deflation. You get less for your money. Like buying one of your properties or your newsletter.
Theo