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To: H James Morris who wrote (79583)10/4/1999 9:17:00 PM
From: GST  Respond to of 164684
 
H James -- gold is in its sweet spot and I am not bailing -- but you know, a little cash is sweet too :) I see gold is up another $5.50 in Asia -- I nearly laugh my guts out when I think of how far this thing could run. I heard somebody else today say that gold won't stay above 290 -- ROFLMAO -- defaults, that will be the news going forward, defaults on gold deliveries cause there isn't any to deliver. I'm not leaving the party, just paying some bills -- know what I mean?



To: H James Morris who wrote (79583)10/4/1999 9:22:00 PM
From: re3  Read Replies (1) | Respond to of 164684
 
james, i have asa gold...its a closed end fund with a sweet discount...

asa trades about 23 now, perhaps with a 4 dollar discount to nav...

there is a hopping thread on it (maybe a dozen posts)

or check the web site www.asaltd.com

the leafs are up against boston tonight...

i see lord stanley's mug on Yonge Street <g> not rue St Catharines...

ike



To: H James Morris who wrote (79583)10/4/1999 11:16:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
LOL -- Don't look now, but gold is up another 10 dollars plus overnight. Where is Larry Kudlow when you need him <g>. 'Ah, everything is fine, ah, look at the price of gold going down, ah, oh my gosh, no, don't look at gold, ah, well ok, I guess we still have to look at it, but, ah, the rising price of gold is really a deflationary signal too, ah, ya, thats it, its deflationary and so, ah, well you know, at 320, it is, ah, deflationary, thats it, no problem, gold is saying everything is fine'.