Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Claude Cormier who wrote (6669)	1/8/2003 10:18:58 AM
From: tyc:>	Read Replies (1) of 39344

My point is this; when you own common shares you own a business that has value; Its value does NOT change with its market price (but it will increase in line with growth of GDP). If the market price drops 30-50% as you predict it will be the same business. If that happens it is CASH (i.e. the very fiat you talk about) that has become more valuable. Why should that happen ? Conversely, like everyone else's, the price of my equities has been increasing lately ! To me the value of the businesses has not increased, it's just cash falling in value ! I can see lots of reasons why THAT could continue ! But like CONDOR, I'd better leave such matters to greater minds.

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