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To: Tommaso who wrote (93513)8/11/2001 4:35:54 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 95453
 
Tommaso, the way you've worded your post is quite unsettling, you will start a scrap, guaranteed...

It really would be best if discussion of gold were transferred to one of the gold threads.

The "Boom Boom Room" is only a click away...

Regards
Frank P.



To: Tommaso who wrote (93513)8/11/2001 5:23:57 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 95453
 
The very fact that gold has been a bad investment for so long greatly hikes its upside potential when sentiment starts to change. As now seems to be the case.



To: Tommaso who wrote (93513)8/11/2001 5:32:44 PM
From: Edmond Katonica  Respond to of 95453
 
Tommaso Old Buddy

For the most part I only look at the potential of an investment
I don’t care about the role of gold in the investment world. We are in a water shed period, and while I don’t think that the world economic system is going to collapse, I do think it needs to be watch closely. Very concerned about recent events with Canada

I have lived in countries when they had a currency collapse. Only those well repaired survive.

Very familiar with Turkey. Live there and learned , that the Turks don’t keep their Lira very long. Huge, Huge underground economy. The recently devaluation of the Turkish pound didn’t hurt the Turk only the uninformed outsider.

I have my physical gold. I’m watching gold stocks to see if I can see the kind of opportunity that may interest me. I've been in the market for fifty years and do my own thinking. I try to think beyond the hype. And just look at my own view. Based on my own experience.

When I used to go to India I would bring gold coins and $100 bills, and double my living standard. The Indian does not hold his rupee very long. We Americans don’t generally have the experiences of those kinds of economic events and so look at the world around us different.

I would not keep my gold in any fund. If any collapse occurs Government will act against gold right quick. I remember standing in front of banks in India watching people force to turn bullion in, or risk loosing it

My economic Professor was a Miller from the brewing family. He always would say that gold was the highest form of liquidity. That has been gold's history, and still is in many parts of the world. Everybody and his brother know how to test gold in India.

I hope I answered your question with my rambling, but I had a hard week.. and little sleep



To: Tommaso who wrote (93513)8/11/2001 5:35:00 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 95453
 
HI Tommaso,
I own PDG
Problem I have with Placer is the hedge issue. They are supposedly working at reducing the book but... A real good spike in AU and they aren't the best choice. Admittedly they will fly initially as J6P 'know' PDG and in the event of a mild hysteria they would do very well at the onset (all MHO).
regards
Kastel



To: Tommaso who wrote (93513)8/11/2001 6:13:15 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
HEADLINE!! Tommaso BELATEDLY FOLLOWS Slider, Isopatch &

Roebear in to a variety of gold related investments.

Buried in several often negative posts about gold is the amusing admission that NOW Tommaso has finally followed some of our good advice here and owns a lot of gold related investments!

WHODATHUNKIT!!!<LMAO>

Check it out!

<...in addition to CEF, I own PDG, some PAAS (silver, of course), Krugerrands,Maple Leafs, and options of two maturities>

Uh, gee Tom...yesterday a big day on the Visa Card huh?

Till today all we heard was Tommaso mouthing one Goldman Sachs anti-gold talking point after another. Sure hope they had him on the payroll. Who in his right mind would want to embarass himself fighting ANOTHER primary trend...this time the Bull Market in Gold...

FOR FREE and ON THIS THREAD???!!! Amazing!!

Not that it's the first time my pal has been on and STAYED on the wrong side of a key sector.

Pop Quiz Thead. What happened from January till perhaps a month ago, people? You read the posts if you were here.

Right. Tomasso went one on one with me for months arguing, bashing and attacking me for my very bearish stance on NG stocks, since early JAN, only to discover he was on the WRONG side of the market all the way down.<G>

Then, if that wasn't enough??

After arguing and attacking me about gold all the way during the first big leg up in the gold stocks in April/May?

Bingo! He tries to jump into the limelight with the AFTER THE FACT claim that he had leap<s> on the watered down underperforming XAU !! Slider did a great job of taking him to task for that poor choice, last week.

And now...drum roll please:

AFTER THE FACT...AGAIN ala last weeks powerful liftoff of the next leg up in the gold Bull Market he mixes this in with various negative comments on gold in another post earlier today.

<So though I own gold bullion, gold mutual fund, gold options, and gold mining stocks as the defensive part of a total financial position, I don't do so in anticipation of becoming one of a small number of rich survivors who can survey the financial wreck of everyone else with smug schadenfreude...>

Anybody out there Confused? Don't be.

Just another Tommaso gimmick. It's called HOW TO HAVE IT BOTH WAYS.

1. If gold goes DOWN? Tommaso can say, hey I've been bearish all along. Look at these posts, yada yada.

2. IF gold goes UP? He can quote from THE SAME 2 FREAKIN' POSTS where he lists all these gold investments.

<ROFLMAO> Gotta luv this guy. Hope he never leaves SI.

Isopatch