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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST

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To: Maurice Winn who wrote (76415)7/16/2011 3:28:00 PM
From: carranza24 Recommendations  Read Replies (3) of 218131
 
It is unfortunate that you do not understand.

If bricks or old mops exhibited the current market behavior of gold, I would be in bricks and old mops.

It is about making a profit, pure and simple, and preserving wealth.

Gold is just an instrument like many others

I don't understand your antipathy towards those of us who have made what appears to be a correct (for the moment) choice.

By my calculus, i am nicely ahead. That's what matters.

You may disagree all you want with my reasons and thinking for doing what I am doing, but you cannot dispute the fact that since I bought gold for the first time in 2007 when it was at $682, it has gone up considerably.

As far as buying shares in a well-run mining company producing the stuff at 300-350 and selling it at 1500, i'll let the market speak to that....originally bought NGD in the 2s, it is now at 11 and change.

Your arguments pale when compared to the judgment made by the markets. All your well-crafted circumlocutions, analogies, reasons, criticisms, pointed irony, etc., are irrelevant when compared to the results. It means that you are wrong but refuse to acknowledge your error.

If you truly autistic about gold, I should think you wouldn't go on and on about it.

Chacun a son gout.
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