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.

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

To: d:oug who wrote (73778)	7/22/2001 12:58:18 AM
From: marek_wojna	Read Replies (1) \| Respond to of 116836

<<and most other very good folks will receive the pain and accept it and deal with it and go to church more often.>> Re: Church - that will be one of the biggest missing investing opportunities on the stock market. IMO, the ones which promise people salvation of their spirit should be left alone. The other, more concentrated on rewards in present life to their believers should be taken over by CNBC or brokerage houses.

To: d:oug who wrote (73778)	7/22/2001 9:19:34 AM
From: Rarebird	Read Replies (2) \| Respond to of 116836

In the story or myth concerning the Garden of Eden in the Bible, humanity(in the person of Adam) chooses learning, wisdom and knowledge over innocence and goodness. Today, most humans choose profit as their highest value. Marx was correct when he said that "Money is the God of Capitalism." I still view Money as a means to an end, not an end in itself. Money needs to be shared with those less fortunate and spent on loved ones in order to possess full value, in the sense of human happiness. The story or myth of the "Scrooge" is a case in point. The vast majority of the people living in the World still view Money in terms of the USD and not in terms of Gold. That is fact. There is no escaping that fact today if one believes in honesty in relation to one's self. Sincerity is the air of Truth. That is why the POG is trading where it is, whether rightly or wrongly. Perceptions can change so the situation is not hopeless. Under what economic conditions will the POG be able to sustain a rally and enter a secular bull market? That is the question. The Inflation Rate has been much higher this year than the growth rate but the POG has not been able to sustain a rally. It is said that Gold, as Money, does well during periods of extreme inflation(such as in the '70's) and extreme deflation. Given the fact that the Inflation Rate is falling fast here, the Gold Stocks will need extreme defation in order to sustain a rally and enter a secular bull market. We are not even close to this state yet though. GATA fails to understand the difference between Morality and Law. Morality is the sphere of conscience, freedom and autonomy, while positive law is the sphere of enforcement and coercion. Law can in no way be derived from Morality.

To: d:oug who wrote (73778)	7/22/2001 9:46:28 PM
From: Zardoz	Read Replies (2) \| Respond to of 116836

battles between good & evil; its a war with no ending; or if there is an ending, evil will win; as that is the nature of the beast; called think or lose and mankind was given the first choice of all living creatures, to think and they have choice in great number for self-destruction thoughts Good and evil are abstracts and not absolutes. What you perceive as good can be another's evil. Gold is not about a battle between good and evil, it's a market.. You may suggest that gold is to low, where as I see the glass as over flowing. Evil must win is not the nature of the beast; truth is. A central banks holding of gold is generally a wasted investment:"It only acts as a way to mitigate losses on currencies."{Sic Gold} Yet proper monetary policies act as a better way to create a stable economy and thus currency. Hence, gold is a bad investment and is a worse speculation on economic woes. Yet it is possible to use Gold in certain instances in short term to hedge against such conditions. But the long trend of disinvestment of gold is likely to continue in the coming years with the end of the USA holding. Yes, I know the political problems of that, but it will be done. Hutch Doug, time for you to come over to the side of Good