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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (50209)6/30/1999 12:35:00 PM
From: Lizzie Tudor  Read Replies (1) of 86076
 
IceShark (or Luc)... if you are watching cnbc did you see the ad today from the "gold bureau" or something like that. This is the first time I have seen it.... its a bunch of prospectors asking why are we looking for this gold.... the reply is because in mkt uncertain times... skyhigh pes... blah blah blah (insert usual sound bytes)... gold is a hedge.

The sense I got from the ad is that they were selling gold as security against all these other unknowns.

For one thing, pushing gold on TV like this seems like a fairly desperate move and from what I have read gold really isn't a hedge against much.... I see this ad as unethical, well thats just me! Luc probably loves it. You guys have all seen it I'm sure, when did this start?
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