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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Keith Monahan who wrote (3807)5/20/2001 9:38:22 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Nope, no news, and that is excellent news ... psychology, uncertainty, fear, greed ... the possibilities boggle the mind and entice the wallet.

<<I bought more physical gold Saturday morning from the bank, just for the feel of it. I got a little waist bag bought near the bank filled with a few barrels of the stuff. The heaviness of the bag swung on my shoulder felt good … making me think that I can go to any island and make a fresh start. I am a romantic at heart, and so ghoulish.

The bank did not try to sell me any of their mutual fund products, and the metal desk staff was all non-questioning smiles. The manager first offered me a quantity discount and then had to retract it and stay with the original quote, because the price was going up even as we were talking. Dynamic pricing is dynamic.>>

Message 15825704

My spot buying of physical is pleasurable, harmless (certainly not fatal), and makes no rational sense what so ever (first one to admit it). My metals stocks provide a respite of green indicators on the MS Money program, allowing rational and clear headed decision-ing on other portfolio moves.

The week should be interesting in pricing action, and maybe even on the news front. The imagination is roaming.

Chugs, Jay