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 (21598)	7/24/2002 2:08:40 AM
From: TobagoJack	Read Replies (3) of 74559

Hi Maurice, <<Gold going down the gurgler?>> Hardly, and not even in doubt. As I had planned, just did a few clicks on my HSBC wrap account, converted business acct Euro/CHF/AUD cash back to USD cash, realizing an exchange gain and secured company future for a while longer. Then, with a few more clicks for the personal account, converted some USD to CAN$, and some more USD to taels of paper gold. I love on-line banking! It feels good to be able to flee impending chaos with a few clicks on the mouse. I believe SOMEBODY is selling gold futures to save their own immediate behind, but will eventually fail. I believe gold is cheap at USD 320, and cheaper at USD 312 in August, and I am a buyer at both price points. Chugs, Jay

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