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Gold/Mining/Energy : An open letter to jr. gold investers by Ron Pitts 03/27/97

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To: William H Huebl who wrote (94)3/30/1997 10:39:00 AM
From: Ron Pitts   of 297
 
Dear William, With all do respect I will try to say this ; You may indeed make good money over the week,month year whatever shorting gold.But longer term my friend it is gold thatlast,stay and be a valued commody, it alone has stood the test of time(5,000 years) and will be of value long after the so called inflation bonds,the dollar,and yes your finincial advisor are Dead.Which makes me wonder if there is no inflation,and the dollar is so strong, and well backed(by what, ?) why do we need inflation bonds, paper to back paper? The dollar is backed by debt,and papermoney seversing that debt,when that debt can no longer be serviced,it;s Bad Ass Debt and the currence is untrustworthy! Thats why Roseavelt called in the gold in 1933 not the 100 dollar bills, he need to Back his paper to reinflate! Best wishes William, Ron Pitts
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