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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST

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To: LLCF who wrote (51702)4/18/2000 5:47:00 PM
From: russet  Read Replies (1) of 116770
 
<< Interesting viewpoint. I may vote communist yet... or better yet go live on the reservation if this is what it's come to.>>

Viewpoint?,... or fact?,...our history of war and conquest suggests it has been a fact for thousands of years,...and the current relative peace, freedom and prosperity in many developed nations today occurs because of the knowledge we share that several nations, each have the power to end most life on earth with nuclear weapons. I suppose you live in a community that doesn't have a police force of some type, or a group of elders that dictates in some way how you will live in your community. Perhaps there are no military assets there either. There are millions, perhaps billions of fellow human beings out there that would like to have what you have, if they knew of its existence. Why do we have locks on our houses, businesses and cars? Why do we need bank vaults? Why do we insure our possessions against theft? Why are there police and a military, weapons of mass destruction, spy satellites, defense grids, break-in alarms? iron bars on windows? loaded handguns in homes of city dwellers?,.....I guess they don't have or need these things in communist countries or on reserves. Of course there are no criminals, gangsters and thieves were you are from,...what was I thinking? Don't tell anyone where you live,...wish I lived there.

<<I own some techs, and internet stocks, but I'm not fooling myself. This is a mania.>>

I guess the trillions in revenues and billions of profits that many of these companies are making constructing, allowing access to, and providing services on the internet are manic money. Of course the internet is not evolving, getting bigger, needing more and more expenditures on it to make it faster, wider ranging and more useful. It is not really part of the economy. It will soon collapse as we realize that it is a big scam. What a fool I am investing in it, and other technology. I should have put all my money in pure gold mining plays pre- BreX,...and lost a big chunk of it in the last few years. At least I would not have been investing in manias then?? (gggggggggggggggggggg).
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