Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Frank Pembleton who wrote (93301)	8/9/2001 12:58:42 AM
From: que seria	Read Replies (1) of 95453

"Gloom & Doom"--love this bold response to the critics: We have not been wrong for 30 years, we have been early. Still are, I think. I've got my 10% gold hedge, but I think deflation of financial assets and real estate will keep playing out for a while before we have the crucial shift in psychology to gold/silver as inflation hedges. So selling when rallies don't happen or extend (as per Roebear) beats dead money. Of course J6P will be behind the curve, and you've got to be early, but Wow! Decades early and unrepentant! A true believer, not an investor.

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