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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Claude Cormier who wrote (2489)10/5/2001 2:16:46 PM
From: IngotWeTrust  Read Replies (1) of 4051
 
<have your physical gold out of the country (buy GoldGrams). > BULLPUCKEY!!!

Claude:
For as serious and respected student as you are about this mining sector, I'm flabbergasted that you would issue this utterance about the throughput from this sector, i.e., gold

However, in admitting my "flabbergastation," your very advice to MaryNell points out in SPAAAAADES the lack of understanding of physical gold by the western consumer in particular.

Gold out of the country doesn't do the owner of said gold SQUAT when the owner needs it for barter & purchase of goods and service.

MANY people need to understand that gold's form is CHANGEABLE and thus makes gold easily disguisable. , EEEEEASILY!!. This will allow it to be kept "nearby" and thus available in time of "localized" need.

When I hear multiplied HUNDREDS of intelligent people such as yourself talk about shipping one's gold holdings off somewhere else for safe-keeping, I just re-realize what number the gold bashers have done on western thought patterns regarding the storability and portability of the yellow metal. And I re-realize how far away most westerners are from how to handle the stuff, let alone as money.

What continues to astound me is that people who want to safely and discretely store gold seek advice from people who do NOT have a clue as to how to disguise gold or make it portable or store it safely. That's like asking Picasso how to balance a corporations book's with required adjusting and closing entries at the year end.

I would certainly hope a physical gold owner would spend a good deal of cautious, deliberate thought about portability, disguiseability, changeability, & storability of gold before heeding the advise to ship it out of the country and physical possession/control of physical gold's owner.

Gold is easily disguiseable, easily hidden, easily transported and easily used as money.
These forgotten skills,
perhaps never known before skills,
rusty from disuse skillsets
need to be acquired by all physical gold holders NOW, before the feared day of gold confiscation some are so worried about comes, if it ever does again.

Selah
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