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

To: long-gone who wrote (46762)	1/6/2000 6:32:00 PM
From: Machaon	Read Replies (3) \| Respond to of 116762

<< Even when "the trend" is based in near pure evil? >> Pure evil??? Although I don't agree with your assessment, I feel that this country is becoming increasingly corrupt, and I am amazed that this country, against all odds, became such a great bastion of freedom and democracy. << Then the next question, if one is willing to play in a manipulated market, when will be the correct time to make "the turn"??? >> It's the only game in town. Either you play or you sit. Investors have become used to seeing double digit gains in their retirement or cash portfolios. The pouring of huge amounts of liquidity into the markets has caused bubbles of great wealth in people's pockets and retirement funds, and in government coffers. Not too bad, right? Unless it results in hyperinflation in years to come. Unfortunately, WHEN things turn around it may get pretty bloody. Personally, right now I am mostly in cash and am waiting for the right time to get back into gold. I am probably going to wait until Milhouse's next assessment during the week of the 10th, among others. OTOH, if you know the rules of the game, such as that gold is being artificially held down by the action of the Fed and the CB's, why not become a player?

To: long-gone who wrote (46762)	1/7/2000 7:48:00 AM
From: Rarebird	Read Replies (3) \| Respond to of 116762

< The trend is based in near pure evil > Interesting thought. I never thought that a trend in the financial markets could be "near pure evil." To be sure, we no longer live in the " Garden of Eden ", the land of near pure innocence. But asking the first mythical human being, Adam, not to eat from the so called tree of knowledge is not exactly a moral act either if one considers knowledge to be good and Wisdom a virtue. It seems that for every winner there is a loser in life, Richard. Desire has no limits or bounds. I don't think it's possible for everyone to prosper in life under any system of government. Trends do change. I think we get a trend change this year. Let me ask you this: Is it " near pure good " for most economies of the world if commodities enter a bull market and paper assets enter a bear market? Was life better in the late 70's with gold soaring, inflation rampant and growth sluggish? I understand the hostility towards gold. I don't blame them for the manipulation- although it will backfire at some point.