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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: marek_wojna who wrote (73044)	7/8/2001 6:08:16 AM
From: IngotWeTrust	Respond to of 116762

I write this: You bet, Mr. Wonka Man. You pop on SI in Jan of 00, go long XAU in Dec...wow, what a track record. Come back and talk to me when you regularly harvest gold @<$20 per troy oz and flip it for over $300 at a regular clip or can daytrade XAU with a system like many of us follow, privately and out of cacophy of empty-headed GPM shrills. Next point? (let me help you with the math: $300 per refined troy oz minus $20 cost= $280 *NET* profit. $280 net divided by the $20 cost going in = 1400% profit PER transaction. Let's assume a conservative 1 transaction per year... And you did how good with your pretend W.A.G. XAU trade over 7 months ago??? and then you provided the ludicrous and unbelieveably obtuse following reply ??!!?? For you the next point will be collecting pop cans and waste paper for recycling. Maybe can write a guide where are the best spots to collect them and highest prices in the vicinity We're so "modern" down here in the lower 48 that we have mandated by law 5c sodapop deposit/refund system and as far as waste paper is concerned??? Well.... ass-wipes get burned around here...... Next point?

To: marek_wojna who wrote (73044)	7/8/2001 6:14:19 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116762

I write this: "You bet, Mr. Wonka Man. You pop on SI in Jan of 00, go long XAU in Dec...wow, what a track record. Come back and talk to me when you regularly harvest gold @<$20 per troy oz and flip it for over $300 at a regular clip or can daytrade XAU with a system like many of us follow, privately and out of cacophy of empty-headed GPM shrills. Next point?" (Allow me to help you with the math just in case the above doesn't translate well into French): $300 per refined troy oz minus $20 cost= $280 *NET* profit. $280 net divided by the $20 cost going in = 1400% profit PER transaction. Let's assume a conservative 1 transaction per year... **THIS JUST IN: Just got a thank you note from one of my latest eBay winners named MikeZio...turns out he and his wife pulled off a 1/2 oz gold buy for $0.75 on the first day they "tried it" my way...damn...now that's only a (here's the math assistance again, Mr. Wonka Man): $300 gold value per troy oz divided by 2 (they only got 1/2 oz for their first effort...poor things...= $150 gold value $150 minus $0.75 = $149.25 Net Profit $149.25 divided by $0.75 initial cost = 1990 % profit on just their FIRST transaction. Only one problem: ...Their 1/2oz purchase was already fabricated and ready to flip to a new buyer, (can you say eBay-collectibles?) That automatically inflates the profit margin by a factor of 4 just to be competitive on the retail level... Yeah, poor Zio's.... (oh, almost forgot the math help there, Mr. Wonka Man...sorry 'bout that): 1900% profit margin x 4 factor for already fabricated gold form = 7600% for just one transaction... Damn, I'm a good teacher!!!* *How'd you say you stacked up again on your first W.A.G. XAU trade over 7 months ago??? I forgot already, truly sorry there about that failing memory. and then you provided the ludicrous and unbelieveably obtuse following reply ??!!?? For you the next point will be collecting pop cans and waste paper for recycling. Maybe can write a guide where are the best spots to collect them and highest prices in the vicinity* We're so "modern" down here in the lower 48 that we have mandated by law 5c sodapop deposit/refund system. As far as waste paper is concerned??? Well.... ass-wipes get burned around here, ...in gov't approved incinerators of course.... *YEEEEEEEEEEEEEEEEeehaw!*