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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: big guy who wrote (204)4/10/1997 11:25:00 PM
From: Ron Pitts   of 297
 
Hello Big guy, hard to set a stradgey for a criptic event as a world whide currancy crises, I would first try to be out of debt, hold some cash, gold and silver coins, keep some of my best minig stocks,and put the money in swiss franks, and the canadian centrel fund a gold buillion only fund in Canada.Gold buillion and mining shares are indeed related but sorta like the chicken and the egg. When push comes to shove ya want the metal in ones sweatty little palm is my thinking. With the central fund in only gold buillion I need not worry about permits, goverment closser of the mine, management screw ups etc. Maybe I trade a few gold coins to pay off my house in near worthless paper. But if thigs get that bad I want real things, not dollars. I look at it like this, if a warring bunch of hunns, as in attila over ran the county and pillaged what would they take with them ,gold silver, car,rugs,yes our paper currancy no.They are not fools they would want some thing to give them comfort, something real of lastinf value. Not to good of an answer, well it;s 11.00 pm here Night . Ron
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