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To: Giordano Bruno who wrote (111190)7/3/2001 10:39:28 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 436258
 
Jim,
1. cuz I don't think that there is much downside
2. I like to buy things that have substantial short positions
3. I am willing to wait 16 years for it to go up
4. I like to spend money, buying gold satisfies my spending jones and still allows me to have something to show for it.
5. When I was a kid, I always thought it would be cool to have some gold

I also buy silver bullion and coins. Hey, it's cheap. And I do think that there will be some fundamental changes in the silver market before too long that will drive the demand higher (PCB manufacturing process moving away from lead solder).

And who knows, maybe someday, somebody may find a real practicle purpose for gold that will drive the demand for it through the roof. I hear that the stuff conducts electricity pretty decently and doesn't corrode too much. Maybe someday it won't be the POS that it is today.