For Everyone Who Still Doesn'T Get It... - Page 2

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For Everyone Who Still Doesn'T Get It...

Good [+1]Toggle ReplyLink» databoy a répondu le Wed 30 Dec, 2009 @ 4:23pm


Coolness: 106265	Well seeing as gold is extremely polluting to extract, the ecological cost is very high, and it isnt as if they can pass the bill to the consumers. The equipment to extract gold is quite expensive and takes awhile to recoup. Many gold mines in the U.S. go bankrupt so as not to pay the huge cleanup. New mining operations in the U.S. have to work with environmental laws that make the profit margin quite small if any. I got that info from a book i read recently: Collapse: How Societies Choose to Fail or [ en.wikipedia.org ]

	I'm feeling morning departure right now..

Good [+1]Toggle ReplyLink» DonLouis a répondu le Wed 30 Dec, 2009 @ 4:30pm


Coolness: 84235	Yeah but some people say that the price of an ounce of gold would go up to 5000$ in the long run (currently 1100$) I'm not sure what to think about that. If it does though it is more than likely that extracting gold will be a good industry unless the raise in the price of gold is combined with a similar raise in inflation. I'd like to understand the view that those people have really but I don't Mise À Jour » DonLouis a écrit sur Wed 30 Dec, 2009 @ 4:30pm Does your book talk about this a little?

	I'm feeling my angel right now..

Good [+1]Toggle ReplyLink» databoy a répondu le Wed 30 Dec, 2009 @ 4:39pm


Coolness: 106265	If the price of gold where to quadruple because of the factoring in of ecological norms, it would make gold mining ventures less risky, but would the industrial demand for gold at those prices follow if inflation didnt? I'm not so sure... The book i mentioned isnt so much about the economic weight of gold vs. currency. It has a chapter about the reasons why gold and mining all together is a failing investment in the U.S. though.

	I'm feeling inner voices right now..

Good [+2]Toggle ReplyLink» ApR1zM a répondu le Wed 30 Dec, 2009 @ 5:12pm


Coolness: 164950	MEANWHilE AT PEDO BEAR'S mANSION :

	I'm feeling i did it for teh lulz right now..

Good [+1]Toggle ReplyLink» basdini a répondu le Wed 30 Dec, 2009 @ 7:09pm

Good [+1]Toggle ReplyLink» nothingnopenope a répondu le Wed 30 Dec, 2009 @ 11:29pm


Coolness: 201375	Mise À Jour » nothingnopenope a écrit sur Wed 30 Dec, 2009 @ 11:30pm

	I'm feeling meow right now..

Good [+1]Toggle ReplyLink» Jaggery a répondu le Thu 31 Dec, 2009 @ 9:58am


Coolness: 37185	Originally Posted By APR1ZM MEANWHilE AT PEDO BEAR'S mANSION : YES! THANK YOU!!

	I'm feeling content right now..

For Everyone Who Still Doesn'T Get It...

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