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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Ed Fishbaine who wrote (5546)4/1/1998 8:46:00 PM
From: JACK R. SMITH JR.  Read Replies (2) of 14226
 
Ed Fishbaine,

Wise old man that you are, I know that you are trying to help these guys, but you are wasting your precious breath.

Cast not thy pearls before swine, for they will merely trample them!!

I do not mean that all the doubters are swine, and I say this to Ed just to make a point with him, and not to demean the doubters.

I understand the process that the doubters are undergoing.

These folks are truly looking for an investment which will reward them, but have been so beaten up by past investments that they are certainly sceptical and gunshy!

Some of these folks I have not seen on this thread in some time. Welcome past and present doubters!!

Gosh, guys, I cannot tell you with impunity that GPGI will turn the corner tomorrow and reward you beyond your imagination. I just cannot do that. What I can tell you is my opinion! Smart investors have the ability to say "I doubt that"!! They do not fight established trends, but they know excess when they see it. They know relative value and they know relative tops and bottoms. Small investors are historically most unsuccessful, particularly at tops and bottoms. There are many stories about this. Let me paraphrase a great one. When the shoeshine person on wall street tells the Mogul that the market cannot possibly go down, he sells all and shorts the market!! We are not quit at that point. The trend is your friend until the end, then the present game is over and a new game begins. Investors who argue with the end are doomed. Likewise those who fail to see the new trend.

I could give you a littany pertaining to stupid statements made by otherwise not so stupid people in this area. Classic, that is what they are.

Time for me to shut up!!

Best to all, and good investing!!

"If you think you are smart, just ask your wife, Jack!!
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