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Gold/Mining/Energy : The Next Act

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To: marketbrief.com who wrote (52)4/19/1998 4:59:00 PM
From: Ward Nicholson  Read Replies (1) of 102
 
Dear Professional X1 Market Master:

"Do you seriously think that the big money is made by the PUBLIC
in speculative stocks?"


I have no idea where you got this from. Certainly not from my text.
The number one assumption in this game is that there is always
a flow of money from the public into the hands of insiders. This
relationship is one that will exist forever. Otherwise why would
Mr. Insider even bother listing on an exchange? His sole purpose for
listing is to use the public's money. The "big money", if there is
any made, is necessarily made by the insiders from the public.
The only way that members of the public ever make any money is from
other members of the public, never from insiders. Never.

"The problem with the game is that the insiders have looted the
treasuries of the public companies and screwed their shareholders for
their own personal gain for so long that the public doesn't want to
play anymore. The bottom line is that the game has already ended in
the wake of Bre-X. REAL deals have to be done now. The only way a
market can thrive is if investors get to make money too."


Don't you think this is a rather myopic view of the marketplace?
Given the level of the VSE index, to a lesser extent the level of the
ASE index, and the astronomical level of the TSE index, I beg to
differ. Members of the public have merely shifted from one part of
the playing field to another. The game has not ended and there is no
problem with the game. There is only a problem when you lose and
others win. For now, the game is thriving in the more highly
capitalized levels of the marketplace, but it is the same game.
Public players will re-surface in the junior markets as more and more
of them forget about how risky the game can be in the junior markets.
It's only a matter of time. Patience my dear. I'm waiting just like
you.

Your intentions may be good, but the reality is that your Robin Hood
method of wealth re-distribution will only see that wealth coming
from other members of the public, those not in tune with your website.
It certainly won't come from insiders. It would seem that you're
simply attempting to initiate members of the public into your group
in an effort to join forces against other members of the public.
Alas, Robin Hood ends up stealing from the poor to give other members
of the poor. What is really too much is your appeal to your own
sense of authority in your attempts to recruit.

WN
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