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 (14304)	2/1/2002 4:53:04 PM
From: LLCF	Read Replies (1) \| Respond to of 74559

<That doesn't mean that gold was a great investment. It just means that gold was much better than cash. Better still than gold is a productive asset which does something useful, such as a CDMA patent.> Yes, assuming you get it at a decent price. <No, just recognition that if there are 100 kg of gold and 100 kg of Uncle Al's currency and Uncle Al prints another 100 kg [which costs him almost nothing except signing a piece of paper], then the gold is going to be worth twice as many kg of Uncle Al's currency.> From your mouth to gods ears.... I'll be buying up some prime islands in our 50th state if that happens. NG <<It's time to abandon interest-bearing deposits and buy some productive asset [or service] or sit on gold if one lacks imagination and creativity and believes that particular "greater fool" idea will hold for the duration.>> Yes, although it may not be merely lack of creativity... buying Gold assets may actually BE the creative idea until the sector reflates, THEN some productive assets may make sense AND will most likely be quite a bit cheaper anyway. BTW, cash has outperformed stocks for a couple years now.. I hear you calling the bottom??? Got a number on the index's?? DAK