Darleen, please keep posting your good gold relevant posts,
and don't take Hutch's view as correct or not, but just one
of the many differing views here so that this thread remains
on topic to understand price of gold was/is/going in all it's
aspects, with "making money" or lets stop or lessen "losing money"
as just one part of the equation.
Seems to me that Hutch is like a Practical Mathematician
and that Rarebird is like a Theoretical Mathematician.
We all know which is hardest to master,
one plugs numbers into the equations,
the other creates the equations.
(1)
Real Estate's punch line = location location location
Might it also equate to = perception perception perception
GATA's new punch line = Give gold some bounce to the ounce.
(2)
Are the following thoughts worthly of thought ?
"It is a misnomer in a sense that all the gold loans are loans.
A percentage of those loans are sitting on the fingers and necks
of the people of India and Asia. The rest of the gold loans are
sitting in the ground waiting to be mined in the year to come.?
(3)
Is this that place talked about today ?
"... site at www.goldavenue.com in the second half of 2000."
(4)
Heard that a person from Australia
has started a drive, a Silver Pledge Poll,
sharelynx.net
to stir up silver demand and captivate people
into purchasing physical silver.
(5)
Including myself, most people have no idea on how one
can purchase and take delivery of a very small amount
of silver or gold, say 1 oz gold and ? oz silver for
a small and ok US$500 worth to store in ones home
without worry. Now I know everyone on this thread
is jumping up and down on my stupid head saying
"you idiot" as buying gold in my head is jewelry
with multiple mark ups, and a stupid way to obtain
physical gold, so DougaDummy needs to but gold coins
as a means to obtain physical (I think). Guess my
point is that 99% folks not into the inners of the
gold and silver trade are clueless, and as such
unless a Kiss (Keep it simple stupid) process is
easily available, then those like I don't buy.
But now imagine if I could walk into a WalMart Store
and and just like the optical eye shop in the one
next to me, I can see prices gold/oz silver/oz
not as jewelry or even coins, but slugs of raw blobs
of nuggets or whatever solid gold or silver. I sure
would buy some just to be able to touch and hold
and show off to company that visits me. Really really
I have no clue what I would need to do to buy one of
those solid gold coins talked about on this thread.
Do it once and its simple, but until then its like
most who never used a pc computer.... One last
comment, if gold is $280/oz today and each gold coin
weights 1/10 oz, then what is the cost before shipping
and handleing ? Or for that matter, WalMart carried
a small supply in each store of gold coins rather than
nuggets, for immediate purchase and delivery.
(6)
Believe it or not I am not sure if the USA government
sells official money gold coins. If it does or did
then one should be able to walk into any Post Office
and either but from a small available supply keep,
or place an order for later pick up.
(7)
Years ago people payed $10 for a Pet Rock,
the type free to pick up outside and rub
with find sandpaper for a nice finish.
So why not a $100 Pet Gold Rock(nugget).
Doug |
