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

To: John Hunt who wrote (24799)	12/23/1998 5:59:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 117011

The Gold Miners Dilemma - Professor von Braun fiendbear.com << All gold that is in existence today (the estimates vary but appear to be between 100,000 to 120,000 tonnes) owes its existence to a group of people we refer to as “miners”. Over many thousands of years these people have, as a result of skill, hard physical labor and ingenuity, mined all the gold that now exists. During the 1800's several countries saw their population increase dramatically as a result of gold discoveries. The Californian gold rush, the gold discoveries of Australia, New Zealand and South Africa, even the “rush” to Alaska all saw the creation of wealth take place that allowed each particular area to form a stable population base and develop an infrastructure that contributed to today's society. The discovery of gold was like an invitation to help oneself to the vaults of the Bank of England. Free money, there for the taking was the catch phrase. It was almost as if the bank got there first and then offered free cash to those who arrived. -- cont'd -- >> Good article on gold mining vs the Central Banks