SI
SI
discoversearch

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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (52262)5/29/2002 10:51:15 AM
From: abuelita  Read Replies (1) | Respond to of 65232
 
ouch!



To: Jim Willie CB who wrote (52262)5/29/2002 11:03:56 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
CNBC bond pit comments on gold were indicative of ignorance
that really sharp Italian Stallion guy is one of my faves
Rick Santucci is very adept and thorough, with charisma
(as most Italians do, almost as much as the Irish)

but today he showed his limits with gold comments
he said gold discussions were making their way around the "pits"
bear in mind that GOLD competes directly with USDollar, and the dollar is the flipside of a US TBond bearing interest
the dollar is thus a debt-backed instrument
while GOLD is a hard asset

Santucci said GOLD is regarded as offering little, bears no interest, just takes up space, according to bond pit guys
even a 3-month TBill offers a 2+% yield

earth to Rick: subtract taxes and inflation and you get zero real rate of return
which is Golden Reason #1 why gold is rising

all they have to do is check Gold Index versus S&P, versus TBond principal, versus Naz100
Gold is winning over every major investment vehicle, bar none
get it? "bar none"

a radical revolution is underway, whereby financial paper assets are being shunned, sold, sullied
in favor of hard assets where debt collapse resolution takes no toll

this is extremely typical of very early embryonic stages of a new GOLD RUSH trend unfolding
it has doubters everywhere
I find GOLD to be ridiculously misunderstood
often even by PhD's in Economics

gold is heading past $1000
/ jim



To: Jim Willie CB who wrote (52262)5/29/2002 11:13:07 AM
From: Dealer  Respond to of 65232
 
JW! You are wrong! You need to read the purpose of this porch.......as follows:

"THIS A SAFE HOUSE WHERE FRIENDS OF VOLTAIRE CAN MEET TO DISCUSS ANY TOPIC THAT TICKLES THEIR FANCY.

Hopefully you do not think this is a Gold and Metal ONLY location.......IT IS NOT!!! There is no weekend or week to it......

You are constantly posting on Gold......that is fine.......because:

"THIS A SAFE HOUSE WHERE FRIENDS OF VOLTAIRE CAN MEET TO DISCUSS ANY TOPIC THAT TICKLES THEIR FANCY.

I skip over a lot of your postings.......you can do the same with others.........

Your attacks are getting old.

dealie



To: Jim Willie CB who wrote (52262)5/29/2002 11:33:08 AM
From: Murrey Walker  Respond to of 65232
 
save highland cattle, ozark critter talk for weekends /jw

Damn jimmy, you need to go out and buy a pair of gold colored bib overalls.

Lighten up a bit and enjoy the gold free prattle!



To: Jim Willie CB who wrote (52262)5/29/2002 12:12:17 PM
From: T L Comiskey  Read Replies (1) | Respond to of 65232
 
"This is a safe house where friends of Voltaire can meet to discuss any topic that tickles their fancy. "
Jimmy...jimmy jimmy...
What are you the New traffic cop...??..<gg>
t