Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.13

+5.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (18198)	9/9/1998 4:33:00 PM
From: E. Charters	Read Replies (1) of 116900

The pressure on gold is to make the dollar more valuable in order to pay debt and dominate world currencies. Low interest rate at a time of growth is safe. It allows buying goods and debt with more debt. In effect when you give paper you are saying "here is my debt to you." I say here is my creditors. So why don't the receivers of notes get rich. Because the gov't has outlawed private usury. Meaning you cannot charge people who give you paper interest. There is hidden interest in the money but it is being charged against you. So you lose twice. I say take not paper at all. Do not bank paper. Continue to give your paper to people whose projects show safety and return on investment within three years. Unfortunately this as L. Andrews (poster) says rules out most mining companies with small explo projects as this is a pure gambling. A metal project that promised return in short term as in Avalon or Mar West would qualify. Also software companies with good projects. Don't give it to banks or funds as they do not know who to give it to. Of course all investors must do the same thing and all investments in that class must be able to get project money. This is the risk. EC<:-}

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next