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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (39392)	9/24/2010 2:37:33 PM
From: Madharry	of 78683

My take on it is that gold and silver are hardwired into the human psyche. Governments are coming to their senses again and realizing the folly of relying on some other government to be prudent in the issuance of their own currency. IM surprised that no one in uk is calling for Gordon Brown's head on a platter. What we are left with then is gold silver oil or some sort of commodity basket. The value case for gold is based on whether its underowned or not. so far not one person that i know has asked me about investing or gold or silver or their stocks, most closed end gold funds are selling at liberal discounts. I have been discussing pelangio and its successor DGC.to as well as SLW on this board for a couple of years now and I have only heard from one thread participant who bought some. My own two cents are that gold and silver will continue to be volatile but the opportunity cost of own some is very low right now and I dont see a reason to pull the plug on owning until short term interst start rising sharply. I expect that when banks start offering money market interest rate of 6% there will be a significant shift. but that seems far away.

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