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 replied on Wed Dec 30, 2009 @ 4:23pm


Coolness: 106160	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 replied on Wed Dec 30, 2009 @ 4:30pm


Coolness: 84130	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 Update » DonLouis wrote on Wed Dec 30, 2009 @ 4:30pm Does your book talk about this a little?

	I'm feeling my angel right now..

Good [+1]Toggle ReplyLink» databoy replied on Wed Dec 30, 2009 @ 4:39pm


Coolness: 106160	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 replied on Wed Dec 30, 2009 @ 5:12pm


Coolness: 164845	MEANWHilE AT PEDO BEAR'S mANSION :

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

Good [+1]Toggle ReplyLink» basdini replied on Wed Dec 30, 2009 @ 7:09pm

Good [+1]Toggle ReplyLink» nothingnopenope replied on Wed Dec 30, 2009 @ 11:29pm


Coolness: 201270	Update » nothingnopenope wrote on Wed Dec 30, 2009 @ 11:30pm

	I'm feeling meow right now..

Good [+1]Toggle ReplyLink» Jaggery replied on Thu Dec 31, 2009 @ 9:58am


Coolness: 37080	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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