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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (3637)6/11/2001 3:58:45 PM
From: re3  Read Replies (1) | Respond to of 8010
 
well, we have eff--- all else to hang on to...what would you suggest to keep us hopeful and giddy ?



To: craig crawford who wrote (3637)6/11/2001 4:05:21 PM
From: long-gone  Read Replies (1) | Respond to of 8010
 
<<what is bill gates weighting in silver or precious metals? less than one tenth of one percent of his wealth? >>

1) Few know how much bullion he might hold outright in his own name or no name at his home
2) I'm not sure his isn't a far greater % than the average American investor
3) If everything else went to hell & silver went back to prior highs $45-50 US would this 13.6% + any other holdings be enough?
4) could it be a hedge for the quickly coming day Europe starts pushing the use of non lead based solder for all electronics thus allowing his(the game ...) electronics to be near the most profitable electronics?
4a) Shouldn't all major electornic companies be buying
a silver miner?



To: craig crawford who wrote (3637)6/11/2001 4:27:13 PM
From: Alan Whirlwind  Respond to of 8010
 
Bill Gates bought his PAA at $8 a couple of years back. Microsoft was trading around $95 a share at the time. Microsoft is now $72. PAA is now $5. He may have lost money on PAA but keeping dough in Microsoft also lost investors money during that time span. I think it's a difference of losing 35% instead of 25%. But don't forget Gates received a half a million PAA warrants in 1999. I assume they still retain some value should PAA breakout. Anybody know?