Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (105918)	6/1/2001 11:19:52 AM
From: Mark Adams	Read Replies (2) \| Respond to of 436258

A significant development last night was the capitulation of the Dean of American newsletter writers, Richard Russell. Over quite a few years, Russell's strategy has been to watch gold closely, sometimes buying and sometimes selling shares and options, but constantly advocating the steady accumulation of bullion coins on a classical gold bug view. Consequently his comments on "gold items" below is particularly notable: "What to do with the golds? Personally, I'm partially giving up. I sold half of my options, and I'm holding the other half which don't expire until December. But the gold action is discouraging. I wouldn't buy any gold items here, and I wouldn't hold a bunch of gold items either. I repeat, damn it, more money has probably been lost on gold and silver than has ever been made. That's the metal markets, love 'em or leave 'em. " from lemetropolecafe.com