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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: tyc:> who wrote (53879)12/8/2007 5:34:57 PM
From: loantech  Read Replies (3) of 78424
 
tyc did you see any other goldbug take delight in that post. I even said no way is the banking system collapsing. Come on man take RE with a grain of salt.Sometimes he is right on sometimes not. Same as all of us.

I work in the credit business and have most of my working life. I see gold as insurance against fiscal irresponsibility in the private sector the government sector and the indidvidual sector. So I OWN GOLD, well the proxy, the stocks as insurance against mismangement. I did not want to see this mismanagement but here it is anyhow. Does not maen I buy gold because I like it and I get tired of you saying that goldbugs want misery so our gold stocks will go up.

Do you have health insurance becaue you wan to get sick? Do you have homeowner insurance because you want your home to burn down. Do you have auto insurance because you want to wreck you car?
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