Nope, I'm NOT wrong---You mostly are however. Here's why
1) Agree with your paper/gold linkage.
And that is the basis of my derision at more GOLD paper making more PoG increase dead ahead...
2) Why hold gold?
2-A)...Because it is "free" to me, or at the least, damn cheap...remember? I'm a gold recycler, and my cost is U N D E R $20 per troy oz, complete with chems/furnace/flux/acquisition/assay....due to the resource being discarded 2-B) Because gold is the same as money to me and I use it in that fashion
3. Yes, I did move out of my house. Don't own a house, not anymore. Probably will never buy another one.
4. No, I didn't reply that the money I paid for it, increases the price. W R O N G O again.
5. No, I don't use it as an asset to borrow or to speculate. Gold is money and strictly a business to me. Period.
~~~~~~~~~~~ Next?~~~~~~~~~~~~
Gallant effort, Eric...but don't make so many general assumptions when talking to me next time, okay? You'll fare better in the rebuttal.
g_t |
