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


To: Claude Cormier who wrote (2489)10/5/2001 4:51:37 AM
From: TheBusDriver  Read Replies (1) | Respond to of 4051
 
You sure? got this from the current issue of the Privateer:

Quote:

Right now, though, we had all better remember “the war” well. Once the Second World War began, governments left, right and centre stepped in to CONTROL their stock markets. They also stepped in to control the then fixed-currency regime and totally shut down - for the duration of the war - the GOLD market.

The $US oil price has plummeted. The $US price of Gold has hardly moved for two weeks. The main question has to be asked: Are the U.S. markets still markets, or are they being politically controlled?

end quote.

Last time I check most of the free world has aligned itself with the US in a WAR on terror. I think the US can pretty well get what it wants right now. who can blame them, anybody could be next.

Wayne



To: Claude Cormier who wrote (2489)10/5/2001 2:16:46 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 4051
 
<have your physical gold out of the country (buy GoldGrams). > BULLPUCKEY!!!

Claude:
For as serious and respected student as you are about this mining sector, I'm flabbergasted that you would issue this utterance about the throughput from this sector, i.e., gold

However, in admitting my "flabbergastation," your very advice to MaryNell points out in SPAAAAADES the lack of understanding of physical gold by the western consumer in particular.

Gold out of the country doesn't do the owner of said gold SQUAT when the owner needs it for barter & purchase of goods and service.

MANY people need to understand that gold's form is CHANGEABLE and thus makes gold easily disguisable. , EEEEEASILY!!. This will allow it to be kept "nearby" and thus available in time of "localized" need.

When I hear multiplied HUNDREDS of intelligent people such as yourself talk about shipping one's gold holdings off somewhere else for safe-keeping, I just re-realize what number the gold bashers have done on western thought patterns regarding the storability and portability of the yellow metal. And I re-realize how far away most westerners are from how to handle the stuff, let alone as money.

What continues to astound me is that people who want to safely and discretely store gold seek advice from people who do NOT have a clue as to how to disguise gold or make it portable or store it safely. That's like asking Picasso how to balance a corporations book's with required adjusting and closing entries at the year end.

I would certainly hope a physical gold owner would spend a good deal of cautious, deliberate thought about portability, disguiseability, changeability, & storability of gold before heeding the advise to ship it out of the country and physical possession/control of physical gold's owner.

Gold is easily disguiseable, easily hidden, easily transported and easily used as money.
These forgotten skills,
perhaps never known before skills,
rusty from disuse skillsets
need to be acquired by all physical gold holders NOW, before the feared day of gold confiscation some are so worried about comes, if it ever does again.

Selah