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


To: KobaltBlauw who wrote (65286)3/10/2001 12:37:50 AM
From: marek_wojna  Read Replies (1) | Respond to of 116764
 
<< They would never go under....>>

Bill,
Japan was given yesterday advice to start printing on large
scale paper money or face total banking system collapse.
We can expect very much the same by the year end. We have to
remember US, Canadian, lots of European banks had a huge exposure to NASDAQ. I'm not in position to convince anybody,
but for your own and your family protection convert 10% of your retirement and savings into gold and another 10% into
well known miners while they cheap. It's the best insurance
policy in the wake of coming storm.
PS: Today was option expiration day that's why traders assumed next week the POG will fall and they can buyback at lower price.Propably, but they might be for a surprise.

Marek