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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: JustTradeEm who wrote (75830)6/7/2002 9:04:18 AM
From: Paul A  Respond to of 99280
 
JB- TYC

: )

$10.50

Cmon.. shed that .50 so I can get that $10 target!



To: JustTradeEm who wrote (75830)6/7/2002 9:27:09 AM
From: Earlie  Respond to of 99280
 
JB:

Simply not an accurate statement. As with all investments, it is a matter of timing.

I have never liked gold.... ever..... until lately. For slightly over a year, I have been dragging my small gang, into the gold sector on a simple premise,.... it is the best possible "insurance" that one can obtain with respect to a deteriorating U.S. currency/economy scene. And as I also noted last year, there are not too many insurance policies that one can buy where you get to keep the premium. (g)

So far, that insurance policy is paying off in spades.

Is gold a bubble? Certainly not what the longer term charts would suggest,....more like a minute, early stage awakening. From my perspective, the manic printing of paper currencies (especially in the U.S,) represents a far more worrisome "bubble", and one to which gold is an excellent response.

Best, Earlie