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To: bambs who wrote (58942)4/11/2002 8:40:20 PM
From: Bocor  Respond to of 77400
 
dang, bambs, please don't spread the gospel until I have my full positions....I need at least one more nice pullback in gold!



To: bambs who wrote (58942)4/11/2002 9:45:45 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Actually I totally agree with him.

People have been crying wolf about gold and silver for over 60 years!

We cannot run the world's currency on the gold standard. There just isn't enough of it even at $10,000 an ounce! Back in the stone age it was possible but not today.

Of course if the price rises you will see tons of it come out of the ground by various means.

You know I like looking at the stuff but what do you do with it. It cost money to store, insure and hold. It doesn't pay dividends. The Hunt brothers learned it doesn't pay to try to corner (silver). There is just no demand for silver and with photographic products falling off the cliff silver is heading lower.

I prefer to put my $$ where they will make more $$.

Who has the true worlds currency that just about everyone wants.

I'll let you in on the secret....The U.S Dollar!

Eric