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


To: LLCF who wrote (51600)4/16/2000 9:41:00 PM
From: Hawkmoon  Read Replies (3) | Respond to of 116764
 
This is all hogwash...

Yeah, we've heard the same argument for the last 10 years+... the world going to hell in a hand basket... gold's going through 1,000/ounce... Dogs and Cats sleeping together... blah, blah.

I have a book up on my shelf written by James Dale Davidson, and Sir William Rees-Mogg called "Blood in the Streets". It was written in 1987 and outlined all kinds of arguments for the end of "Pax Americana".

If people had taken their advice at that time and invested according to their strategy, they would have been very poorly served.

And the same goes for all of the suckers who have their assets tied up in the gold market missing out on the greatest bull market in history, driven by the ever-increasing wage strength of the baby boomer generation.

I'm an apostle of Dent, in that I follow the demographics of the economy and the market. And those demographics indicate to us that we have at least 5-10 more good investing years before the boomers start flocking to safe havens.

Regards,

Ron