Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (6225)	7/23/2001 11:10:48 PM
From: TobagoJack	Read Replies (3) of 74559

Hi Maurice, <<Bre-X was the sort of mentality that surrounds gold>>. You are right. Yes, the Bre-x was the manifestation of hard-wired genetically coded mentality that worships gold, in the sense that gold is of value, fires the imagination, and worth haggling for. However, Bre-X had no gold. Fidelity, and most Wall Street big boys had a chunk of Bre-X, and saw nothing coming at them until they are left with nothing. I actually had at one time in the summer of 1999 gone through the Bre-X thread from message 4000 to 8000. Reads great. High entertainment and educational value. The effort, coupled with my reading of "Devel takes the Hindmost", saved me many years (decades) of active savings. The SI archeology on that thread, in the cosmic scheme of matters and anti-matters, is worth more than the average college education. Recommend to all on this thread. Chugs, Jay

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