It is shown that the Moon possesses an extraordinary response to induction from the solar wind due to a combination of a high interior electrical conductivity together with a relatively resistive crustal layer into which the solar wind dynamic pressure forces back the induced field. The dark side
response, devoid of solar wind pressure, is approximately that expected for the vacuum case. These data permit an assessment of the interior conductivity and an estimate of the thermal gradient in the crustal region. The discovery of a large permanent magnetic field at the Apollo 12 site corresponds approximately to the paleomagnetic residues discovered in both Apollo 11 and 12 rock samples The implications regarding an early lunar magnetic field are discussed and it is shown that among the various conjectures regarding the early field the most prominent are either an interior dynamo or an early approach to the Earth though no extant model is free of difficulties.