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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (168)	10/25/2000 8:35:42 PM
From: d:oug	Read Replies (1) \| Respond to of 811

Robert, My advice to others is to invest a couple hundred dollars into those pay to view web sites used by those who post on the Gold Price Monitor here. Good advice I think it is. Wish I would take it for myself and identify about a dozen god/silver producers that have the ability to last out a low gold price for another 2 years if needed. Also need them to have a proven gold supply still in the ground of quanity and extraction quality to keep the company running so that it's share price can reflect a long term producer. For me this price range is over a dollar and less than five. Now here is where I get confused. For me these investments in "gold mines" are used with my spending money tagged for fun & play & folly & foolishness. For income or needed rent & food money I am too conservative and a coward and take a controlled lost approach as I will put it into bank CDs and accept each year that it will lose about 5% of value. My thoughts to put forth time and energy to flip to the other side and try and go 10% in the other direction and have my cash increase by 5% in terms of value of buying power requires non FDIC stuff, of which would keep me awake each night knowing that those who have the current Powers that Be status are not nice folks. So I'm here for a slot machine experience. Even a double in investment is too small to interest me. Minimum I want to get is a times ten, 1000%, but I will accept 900% to buy for a dollar and sell for a ten. Like overtime, 1/2 = taxes. Now finally I have this here company that combines whats needed to buy in low pennies, 0.15 Ask, has proven gold in the ground, now has a working gold mine to create a cash flow and still has the Jay Taylor Seal of Moon Shot'ability. Just have to wait for my E*Trade cash account to receive check in the mail. No margin or shorting or puts calls ins outs options index outdex... cash on the barrel Now all I need to do is read up on this company and try and understand where it calls home (usa?) and mines are located, and the type and amount they think they have. Hopefully they are no hedged and have no debt. <<Mike is right, XAU really fell apart...>> I still am clueless on what this is. Guess its like a mutual fund of gold producers. <<[gold]will have it's day again.>> Yes, for sure. The GATA stuff at a minimum has gotten some Powers that Be in Germany to use Bill Murphy's et al output as a vehicle to put out their distaste for how the gold markets works. So GATA has atleast identified that the gold price and the way that it is moved through papers like derivates is stinking up the place for those not in on that game. For me these next days might suprise everyone, as those who control oil and like physical gold can accomplish Middle East events using these. Seems that many things are in place currently. The usa voting people can turn on a dime and see Gore as Sucks and Bush as Not. Could happen inside 24 hours. Example, the nations that have usa protection on their soil cannot do it upfront, as for example turn off the oil flow. But they have the ability to "allow" the enemy of the usa "access" to their oil fields & equipment in a way that looks like an act of terror not on their people physically, but only the oil. Imagine all Middle East oil flow halted for about 3 months. oil $35/barrel to $350/barrel usa economy goes into chaos usa voting folks go into chaos usa folks blame government = Gore doug