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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (1058)5/28/2002 2:31:49 PM
From: Petrol  Read Replies (1) | Respond to of 17639
 
People will go where the money's going. And when it's SO obvious that it's gold, it won't matter what their philosophy has been historically.



To: GraceZ who wrote (1058)5/28/2002 2:33:24 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 17639
 
Personally, I think that gold is highly overrated. Except for some industrial usage, the value it has is what we assign to it. Kinda similar to the techs during the late 90s. Essentially worthless, but as long as people are willing to assign that value, well, I am willing to play it.



To: GraceZ who wrote (1058)5/28/2002 2:35:37 PM
From: AugustWest  Read Replies (2) | Respond to of 17639
 
Grace, we will make a return to the gold standard.
Eventually. Perhaps not in your or my life time, but we will.
Not sure if thatis much of a consolation for most average investors though.