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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Giraffe who wrote (41870)	10/3/1999 5:32:00 AM
From: d:oug	Respond to of 116759

Giraffe, nice web site for those graphs. I don't do this type of stuff, the futures, and would like a simple short explaination about something. A just retired lady asked me about the stock market and after I said bubble to pop she interrupted me and told me that this famous tv man Louis Rudekiver on Public Broadcast Station tells her everything is ok and just hold and wait. When the dow was at that 11,000 or 12,000 couple weeks or months ago I told her that she should sell all her mutual funds. But she said no because then she has to pay taxes on the money gains. She has been in them over fourty (40) years now. Also, about this paying taxes on gains, she said that her USA Saving Bonds matured lots years ago but she hasn't cashed them in since again the tax thing she does not want to do. I'am out of my elements here, as I have no idea what that 6% number Bill Murphy's Cafe site means, or bonds or Treaseries. A very short post to explain would be nice. But back to you web link to that futures, it showed gold for a number of years, and I bet if those who controled gold for easy money to be made were more careful, that the economic bubbles would be much more stable and Bill Murphy's GATA would not have happened, and gold would continue downward lower and stay low around 200 - 225 forever. Imagine, it could have been that way, if the crooks were less greedy. Doug