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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (12820)	1/5/2002 7:42:56 PM
From: Ilaine	Respond to of 74559

Gold is a commodity, IMO. Trading gold for goods and services isn't different in any way from barter conceptually. Not that this is a bad thing. I doubt you can use gold to buy groceries at most grocery stores, or pay for gas at most gas stations. The owner might be willing to deal, but you'll have to haggle.

To: Maurice Winn who wrote (12820)	1/5/2002 10:49:53 PM
From: marcos	Read Replies (1) \| Respond to of 74559

Gold too can be easily transmitted electronically, in infinitely divisible form, once you have a system set up to do so ... and there is such a system - goldcurrencies.ca In the third paragraph of your more recent post you have it - shares are the way to go, shares of companies who produce and in so producing enhance shareholder value ... few goldbugs trade or hold bullion, i certainly don't, the speculative opportunities are far greater in the companies who produce it imho, and well beyond that in the successful ones who explore for it The leverage can be massive - suppose a company has a deposit with cash costs/oz of 160, all-up costs of 250, and gold is trading for 275 ... their profit is 25/oz .... now gold goes to 325, only increases a few per cent, but that company's profit triples, the market is likely to reward them with a tripled market cap as well, and in actual practise greater than that, because when gold goes to 325 the perception will be that 325 is but a waystop on the route to 350 and beyond, there is major flywheel effect [which has worked to knock them down severely during the 5-yr gold bear, works both ways] ... add to this the fact that most deposits have what we call 'blue sky', i.e. undefined edges, into which drills can be poked to prove up further reserves All the gold stocks on the planet don't have together the market cap of qcom ... fourty billions US, am i right ... hoo-boy

To: Maurice Winn who wrote (12820)	1/6/2002 3:39:35 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

On the subject of >>...money .... Microsoft and QUALCOMM ...<< one big thing, possibly an abracadabra is the power of CA (for Certifying Authority). Think of the world full of Alices and Bobs and Charlies and Debbies, who deal with each other. How am I sure for instance that a) Mq is for real and b) Mq is THE Mq? Im ... ahem ... pretty sure. Were there a Certifying authority, I would be, sort of, well, for all practical purposes) certain - note the same root in the two words, CERT - out of certus for sure in Latin. There's quite a few candidates around for this absolute power in the world of nets - the usual suspects like the banks (they certify your checking card for instance), credit card corps (same for your VISA, AmEx, Mastercard), well, there's the government, but you just have to go and pick up a birth certificate of a person, who already joined his creator, and its CA role is punched full of holes. The biggest on this horizon, from my corner of the world, is Microsoft, with its PASSPORT. Think of the Big Billy brother, eventually helping courts decide which of the avatars (10 physically present and 16 via uplink) is the one and true DJ (g). There's dlls and all kinds of other software getting their guIDs (global universal IDs). Eventually we're up for one too. dj