To: Ahda who wrote (51312 ) 4/11/2000 8:57:00 PM From: d:oug Read Replies (6) | Respond to of 116753
Darleen, please keep posting your good gold relevant posts, and don't take Hutch's view as correct or not, but just one of the many differing views here so that this thread remains on topic to understand price of gold was/is/going in all it's aspects, with "making money" or lets stop or lessen "losing money" as just one part of the equation. Seems to me that Hutch is like a Practical Mathematician and that Rarebird is like a Theoretical Mathematician. We all know which is hardest to master, one plugs numbers into the equations, the other creates the equations. (1) Real Estate's punch line = location location location Might it also equate to = perception perception perception GATA's new punch line = Give gold some bounce to the ounce. (2) Are the following thoughts worthly of thought ? "It is a misnomer in a sense that all the gold loans are loans. A percentage of those loans are sitting on the fingers and necks of the people of India and Asia. The rest of the gold loans are sitting in the ground waiting to be mined in the year to come.? (3) Is this that place talked about today ? "... site at www.goldavenue.com in the second half of 2000." (4) Heard that a person from Australia has started a drive, a Silver Pledge Poll, sharelynx.net to stir up silver demand and captivate people into purchasing physical silver. (5) Including myself, most people have no idea on how one can purchase and take delivery of a very small amount of silver or gold, say 1 oz gold and ? oz silver for a small and ok US$500 worth to store in ones home without worry. Now I know everyone on this thread is jumping up and down on my stupid head saying "you idiot" as buying gold in my head is jewelry with multiple mark ups, and a stupid way to obtain physical gold, so DougaDummy needs to but gold coins as a means to obtain physical (I think). Guess my point is that 99% folks not into the inners of the gold and silver trade are clueless, and as such unless a Kiss (Keep it simple stupid) process is easily available, then those like I don't buy. But now imagine if I could walk into a WalMart Store and and just like the optical eye shop in the one next to me, I can see prices gold/oz silver/oz not as jewelry or even coins, but slugs of raw blobs of nuggets or whatever solid gold or silver. I sure would buy some just to be able to touch and hold and show off to company that visits me. Really really I have no clue what I would need to do to buy one of those solid gold coins talked about on this thread. Do it once and its simple, but until then its like most who never used a pc computer.... One last comment, if gold is $280/oz today and each gold coin weights 1/10 oz, then what is the cost before shipping and handleing ? Or for that matter, WalMart carried a small supply in each store of gold coins rather than nuggets, for immediate purchase and delivery. (6) Believe it or not I am not sure if the USA government sells official money gold coins. If it does or did then one should be able to walk into any Post Office and either but from a small available supply keep, or place an order for later pick up. (7) Years ago people payed $10 for a Pet Rock, the type free to pick up outside and rub with find sandpaper for a nice finish. So why not a $100 Pet Gold Rock(nugget). Doug