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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.01

+2.8%

Nov 5 4:00 PM EST

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To: d:oug who wrote (38367)	8/5/1999 7:15:00 AM
From: Bobby Yellin	Read Replies (1) of 116752

since we both seem to be into animals.. what do you think re importance of batting around forward selling etc of gold companies--does it really have anything to do in the grander scheme..(goldsnow has me hooked on the jungle analogy-which I don't buy in the grander scheme of themes..I just trust mother nature and cycles..ie look what happened to the dinosaurs..their size might have been their undoing..the meek survived :-) if you had a gorilla..10 times the size of king kong in a mammoth coconut tree armed to the gills with gigantic coconuts ready to launch at any signs of impending threat to its fiat world..what would you do? ignore him or wait until conditions change and until you see another gorilla or a hoard of not so mighty gorillas who decided the time is ripe to shake that huge king kong out of its palm tree? When would that hoard of smaller gorillas arrive on the scene..after their attempts of foraging leads them to greener trees? ps this is the worse question...since gold appears to be held by so very few and of those few in disproportionate amounts..the Munks and the von Fincks for instance..and probably silver with the von buffets..how would the governments of the world deal with that when fiat money becomes just the paper it is?

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