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

To: Hawkmoon who wrote (78742)	10/22/2001 3:06:54 PM
From: long-gone	Read Replies (1) \| Respond to of 116752

<<Excuse me?? Did that cause the end of the financial system? >> No excuse for selective memory, there was an engineered bail-out, you're forgetting the term bandied about "2 big 2 fail".

To: Hawkmoon who wrote (78742)	10/22/2001 3:14:16 PM
From: long-gone	Respond to of 116752

Matters not that is history, look at the XAU. If it does telegraph gold price the tale it tells is "the bottom nears".

To: Hawkmoon who wrote (78742)	10/23/2001 8:08:51 AM
From: long-gone	Respond to of 116752

<<Did that cause the huge spike in gold that you all have been claiming would eventually result??>> Maybe there are times the best one can hope for is NOT having a Massive loss. Now the gold price is $274.70 while a year ago it was $270.30 and another year prior(1999 Y2k fears?) 301.20. That is to say gold has stayed in a hard 255-332 range while one stock(RMBS) hyped to death right here on this thread went from 5 to 120 has gone back to 5 and is back to near 10 today. Another hyped here (YHOO) $150 to $11.78, Yes, someone bought all these (cough cough gag gag - vomit)assets these at $332 and ounce $120 a share and $150 a share. Even the mighty GE has moved from $60 to 30 & has moved back to 37.61. I'm not saying everyone should have every penny in gold or silver or anything else, Hell, I try hard not to give any advice. Wouldn't, though, those that showed a paper net worth of multi-millions of dollars worth of only Internet stocks (or even CNBC employees & GE stock)have been better,off if they had sold a bit at or near top & diversified into a bit of bullion? Yes, bullion pays no direct dividend, but neither do most tech companies but I can use bullion as additional security on almost any bank loan, there-by lowering my interest rate. Those which played the same game using their shares of interent stock to secure a lower interest rate for their homes are SCREWED! And should we even discuss these many "investment experts" preaching the never ending mantra of *"buy & hold buy & hold buy & hold, never sell"*? Some level of trading is required, but, while I don't know about you, I have no desire to wait for Dr. Koop.com to get back to $40 from the current $0.09.