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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Wyätt Gwyön who wrote (717)5/5/2003 10:13:21 PM
From: dvdw©  Read Replies (2) of 4912
 
You said Darfot you said; "thus I see gold partly as an insurance policy against a coming bear market in fiat currencies, and partly a speculative bet on an increasing (re)acceptance of bullion as a legitimate asset class. just marginal changes are sufficient to keep me bullish. in the severe scenario you envision, I think we will all have other worries besides how our portfolios are doing."

I said "Have you ever read Zachariah Sitchen? He's a guy who wrote the only logical explanation for Gold that I've ever read. In the past particularly in the 70's I though what you think now as stated in this post. Today I find that Sitchen makes the only logical argument for gold, and Sitchens scenario is extraterrestrial."

Where are we; You've debunked Sitchen.... Exactly. Cremos work was offered as an aside, its near 900 pages of 8pt font, so be my guest in "trusting" your debunker.

Now do as much to find the holes in your own Analogies and speculations on fiat currency, and you will have risen to the challenge of understanding, that you dont have now.

Leaves me wondering whether cliches masquerading as authority can be sold to the same degree that Sitchens sold. Now he is a money making machine what about you?
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