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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%4:00 PM EST

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To: Haim R. Branisteanu who wrote (41179)10/12/2008 1:45:33 AM
From: TobagoJack1 Recommendation  Read Replies (2) of 217764
 
<<true is that gold can be a very reasonable alternative investment for those peasants in India or China or world wide who have no access to the world financial markets>>

... agreed.

<<... and are in most cases illiterate in financial dealings>>

... that, haim, now covers 99% of the population.

they should have, could have, and can still buy gold. this is the point i am trying to make, that gold is still a good trade, whereas i cannot think of a single trade i now dare to put on in size, with the possible exception of some as yet undiscovered and newly puked hong kong real estate.

i must confess, i do get quite a few e-mails these days from folks who thank me for having aligned their position in gold, and that is satisfaction and thanks enough, to know that i have done good deed appreciated by at least ... say, 2 dozen folks.
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