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

To: Gord Bolton who wrote (27707)	2/4/1999 8:26:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116795

I don't see where there is a difference in labor styles. You might be a miner operating a hydraulic drill, one of these MEGA-loader operators strip mining massive amounts of earth with each scoop to recover a few grams of gold per scoop, OR, in the case of cotton-based currency, you might be the farmer who grows and harvests the cotton, the worker who takes that pulp and then presses it into currency, OR the inspector who has to be specially trained to detect flaws in the final product, I've heard that argument several times about how hard it is to obtain gold. And I'm sure it is a fact. But it is also a fact that no matter what you make, someone has to work to produce it. It may not be as physical, but it is still work. Btw, I don't beleive that paper is so cheap. It is more expensive than wood based paper. Deflation is confiscation without representation. It takes wealth from the periphery of the economy and centralizes in the hands of a relative few who already have the financial means. I wish people would quit cheerleading gold, given that should gold once again rise to preeminence, it will only be as a result of a terrible economic disaster. But I guess that is your right. I'm more inclined to just face the issue fatalistically, knowing that if gold drastically rises, it is a sign of non-confidence in the current system, with the resultant drastic consequences. Should the US go down, the entire world will be plunged into another depression possibly equal to that of 1929 or the Great Deflation after the Civil War.. (sheer conjecture on my part). Anyway you look at it, it will cause massive problems when people have no confidence, don't consume, and find themselves unemployed because others aren't consuming either. Regards, Ron