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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lizzie Tudor who wrote (44251)6/1/1999 1:18:00 PM
From: Lucretius  Read Replies (2) of 86076
 
gold is money.. gold is a hedge against a fall in the dollar as well as the loss of confidence in other world currencies which I htink will follow as central banks continue the printathon that started last Oct even after financial mkts collapse. think outside the consensus box. Inflation can occur for many reasons.. but only gold will perform if the inflation is not driven by acclerated economic activity. Additionally, I expect capital controls to appear again which will benefit silver, gold, diamonds, etc.

Buffett owns a TON of physical silver.... now why does he own that worthless stuff? -g-

beisides... me likes shiny things -g-
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