SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: diana g who wrote (73011)9/11/2000 2:49:26 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
Geez, Diana. Just when I was having a good day too!

Iso



To: diana g who wrote (73011)9/11/2000 2:54:31 PM
From: Winkman777  Respond to of 95453
 
diana grrl, I agree, BigBull's <<contributions here always of great value and much appreciated!!!!>>

Haven't posted in a while. Just "cruisin" going with the trend like BigDog. Don't need a new vehicle (bought only 2 in my life, and didn't particularly like either), but am scheming to give some profits to family and others who could use them - anonymously if possible.

OT: I grew up in a poor family - couldn't even afford pop and potato chips. (g) Establishing a scholarship fund for the deserving needy in honor of my mother, who taught in a one room school house. Helped my parents buy their first home in their 60's. Hit 7 figures in real estate a while ago, now almost out of RE and getting close to 8. May never get used to this new paradyn (sp).

Take care all. Winkman



To: diana g who wrote (73011)9/11/2000 2:55:18 PM
From: Telemarker  Read Replies (2) | Respond to of 95453
 
That's interesting, diana g. Can you tell us how you fell about the utility of paper currency <gg>.

Regards,



To: diana g who wrote (73011)9/11/2000 5:12:21 PM
From: SliderOnTheBlack  Respond to of 95453
 
Ohhh Diana - thou knows not what thou sayeth....

- No inflation ?!!?

- Buggywhips before GOLD !?!?

- Oil prices are no big deal in the grand scheme of things ?

- Gold has few uses ?!?!.... well hell; we don't use our fiat money as toilet paper, or gift wrap - it has few real "uses" other than cushioning my ass when I sit down on my wallet either...

You Gen-X'ers are beginning to scare me Di...(VBG).

Gold is, was and will allways be important; and just when people sing of its demise and the Rubinites - pull off a bigger than Longterm Capital type of Ingenious-free money derivative play via shorting gold to the point that the physcial may become undeliverable; it's value will soon be discovered by those who will soon need to deliver the physical to cover - bank on it.

OPEC "knows" it very shortly will be receiving less money for its Oil - "AND" will be getting paid in a cheaper -falling dollar.

Why do you think they are talking about pricing & receiving payment for their Oil in "Euro's" of late... OPEC will soon massively hedge their falling Crude Oil receivables and a inevitably correcting US Dollar with long positions in Gold - this may cause a break in the derivate dam than can not be plugged...a move through $350-$370 Gold may trigger a move to $600 Gold because of the short covering that move will necessitate from the derivative crowd and a Longterm Capital type of crisis from the Banks who let this Gold Derivative play get way, way out of hand -this will remind people of the rogue Hong Kong Trader & LTC - bank on it; it may then also trigger a loss of confidence in the markets and that crisis could fuel another spike in the POG that implodes the derivative positions. This is a headline crisis that's waiting to happen & it may bring down a rather large Intnl Bank/Investment House with it - watch...