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To: TheBusDriver who wrote (51714)4/19/2000 6:45:00 AM
From: d:oug  Respond to of 116950
 
<<EVERYONE who hold physical gold/silver should be taking delivery.>>

Wayne,

Yes I agree, but if it did happen the cure may be
worst than the disease as not enough physical gold
is available to match the paper gold certificates.

So in that situation all Bell will break loose.

Best if like Bill Murphy spoke long ago and those
who are keeping the price of gold under $290 so that
the shorts and whatever do not get caught with their
pants down and like the King who wore no cloths,
they have no good shorts to present for public view.

Guess its going to be like most say,
it will end badly, but not for awhile,
maybe not for months or maybe years,
as the PPT have good plungers to move crap
back up after falling down.

To me it all depends on who and how many folks
got burned last friday, and were not able to
get back into the buying at the low and sell
at the high as done many times before.

Maybe all that will happen for months and months
is that the great number of investors continue to
exchange the buying and selling back and forth so that
it becomes that zero sum result at the end of each day or week.

A large number of investors have debts and credit against
their homes that will bite them someday, but if everyone
keeps their eyes focused upwards, then none will see that
none wear any cloths.

Doug

sell



To: TheBusDriver who wrote (51714)4/19/2000 8:40:00 AM
From: Enigma  Read Replies (2) | Respond to of 116950
 
It's not always practical or safe to own physical gold - hence gold certificates.