Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (7076)	10/18/1999 5:12:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

bb:" R U Serious? " ..."well managed miners" ? we're talking, "digging a hole in the ground" here, bobby - I persist : if I wuz to buy "gold", because I wanted "the ultimate liquidity in times of extreme, economic uncertainty", I'd buy gold. You're talkin' 'bout jumping into a bomb shelter, bobby; else "gold" is just a great "play", trading on current sentiment of fear - like any other clever, sector rotation/sentiment. Economic collapse, otoh, where "gold" takes on Biblical proportions - your context - is pretty serious stuff, dude. If "gold" is a clever sector rotation, then there is little reason to try to pick some horse to ride, assume "specific risk" - when we can buy a "diversified risk" sector fund or, leverage a "diversified risk" sector index. If "gold" is an attempt to preserve buying power in a world where "currency" has no "value", then by all means, take physical delivery. so, I put it to you, bobby - R U Serious? or, is "gold" just a clever sector rotation "play", given a sentiment of fear and uncertainty ? -Steve