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To: Crimson Ghost who wrote (64057)2/19/2001 8:23:29 PM
From: blitzfund  Respond to of 116764
 
Gold Friends, can anyone help me out to defend Gold stocks vs Tech stocks, with some past history facts and the future (if you have a crystal ball).

Many Thanks

Blitz

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SI: StockTalk: Market Trends and Strategies : MDD - Market Direction Discussion
Replies: 69613
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To:blitzfund who wrote (69601)
From: Casaubon Monday, Feb 19, 2001 7:22 PM
Respond to of 69613

seperating investors from their hard earned money? Don't make me laugh. Take a look at any timeframe for investment in tech vs. gold. Unless you happen to be a very good market timer, I can assure you tech beats it hands down. And it should, since tech represents producing something that is fundamentally valuable. Whereas gold, it just a silly shiny metal with arbitrary value, which happens to have some very useful properties if the right tech companies could afford to incorporate it in their design process. By the way, you do know gold is a waste metal isolated from the production of a useful metal, copper, right?!
Anyway, Bill Gates, if you are going to replace the Hunt brothers in a bid to corner the gold market, I would like to provide you with a list of gold companies which I think you should look into owning, so contact me, OK.