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To: oldirtybastard who wrote (102782)5/16/2001 6:26:46 PM
From: John Pitera  Read Replies (1) | Respond to of 436258
 
good article in the WSJ today the quiet return of speculation

interactive.wsj.com



To: oldirtybastard who wrote (102782)5/17/2001 12:22:24 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<the gold shares are certainly benefitting from speculators, if the lunatics buying up a doormat like priceline 600% decide that other lunatics will be buying the goldshares, things could get interesting. >

Hopefully soon not just speculators.... I have long banged the table that the "pig in a python" or "demographic" argument for owning stocks is nothing more than a modified "greater fool theory". HOWEVER, one thing is for sure... the boomers DO have retirement money, and WILL put it somewhere. It is my contention that if gold as an investment ever gains even the smallest acceptance [ie. any part of the 'establishment' starts thinking inflation] this stuff is going to EXPLODE.

DAK