Hi ACF Mike, As it turns out, our friend Pezz is a computer-assisted trading fiend. On the one hand it is good that he has been, like a moth to fire, attracted to the shiny truth amidst the vague facts. OTOH, it is bad that his initial experience did not immediately gratify. Sort of like showing up at an orgy, but late.
No matter, as sure as the world is still in an intractable financial mess and impossible to resolve WAT funk, the truth will shine once more.
I am having lunch today with a college buddy with the title of Chief Investment Officer from a large European global insurance company. His specific interest as alerted by e-mail was: "Jay, tell me why should I be interested in gold?"
I had sent him some URL links from this thread as appetizer.
A fellow Trinidadian a few shades darker than I by way of America has just revived his scheme of 12 years ago, and is in discussions with the financial houses to launch a gold-backed bond.
I suppose, had Enron bought Newmont when they could have, Enron would still be around.
Message 14760610
<<... Amazon should have bought Philip Morris, and VerticalNet should have bought RJR, and Softbank should have bought Conseco ...>>
Gold, it is not just for bubble any bigger, but now, for survival longer. The price of survival will keep going up during fiat deluge, until the urgency ebbs and less folks need to survive, one way or another.
Chugs, Jay |
