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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.75-0.5%Dec 3 4:00 PM EST
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To: Zardoz who wrote (24975)12/27/1998 11:25:00 PM
From: Enigma  Read Replies (1) of 116791
 
Hutch - you credit (or discredit ) me with many things which I have never said. It doesn't matter who it is - I always find comments such as 'gold is going to $275' or 'there will be list of Central Bank sales in December' . My first reactions is 'how do you know this' If you knew some of these things for sure you would make millions upon millions. I would find it more credible if you said 'it looks as if........', or 'the xyz chart indicates that' The older one gets the more one knows how little one really knows. Trite but true - IMHO of course. E

BTW, as you could have seen from my post I tend to agree with the opinion of the PDG CEO, thanks for bringing it to my attention. I do understand that you are often expressing an opinion - but the opinion is only that, and your's at that - for example you keep saying that gold is not a store of value - well it is - it may not appear so in an era of an inflated dollar - but nevertheless it has intrinsic value related to its weight aaand purity - it is portable and can be cashed in for local currency. A dollar bill has no instrisic value related to itself - it is just a worthless piece of paper - it is however an IOU and to that extent has value - just like a cheque. You seem to keep missing the point about gold - that it has value in of itself.
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