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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Terry Whitman who wrote (11090)8/15/2000 2:28:45 AM
From: maceng2  Read Replies (1) of 436258
 
Terry,

Re
How long will the rest of the world keep sending us their goods and raw materials in exchange for green paper and stock certificates?

It's perfect as far as I'm concerned. As long as precious metals are CHEAP, the magic machine of the dollar and the stock market is used as a generator to own a big a slice of them as you can handle. The only rule is don't get caught with too many $$'s when the sh*t hits the fan on dollar currency.

Worst scenario...

You end up owning a mountain of worthless gold and silver.

Hey, so in that case the jewelry trade would be the "hitting the skids" in business.

Not so bad -g-

Am I missing anything here?

pearly.
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