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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: paunch13 who wrote (87648)	7/4/2002 11:22:11 PM
From: Chuca Marsh	Respond to of 116805

Paunch, The Goldcorp AGM Presentation Robert R. McEwen made referance to such a gold shortage in terms of a 2 week delay on a test delivery request late May to buy on physical gold ( old rules said 3 day rule applied). That was at goldcorp.com AM - June 02 info on the PRESENTATION I will look to see if it is still up on edit. Happy Fourth all, we saw some great ones on Cape Cod. Chucka I do see it, at INVESTOR CENTER Click thn AUDIO PRESENTATION at top: goldcorp.com

To: paunch13 who wrote (87648)	7/5/2002 12:46:05 AM
From: d:oug	Respond to of 116805

John, Yes and i want a front row seat when men of corruption are placed in public view so that when i yell "no mercy" they will hear my voice. Yes it will be "something to watch" and i think this time it will "be different" because the magnitude and depth of the gold manipulation and scores of House of Cards that are keep standing using the naive and trust of innocents to let them think that all is ok and good so that a closer look will not be requested and done. . not if, but when and then paper money of all nations will be used the same as now exchange ratios will be similiar to now a transfer of wealth will occur those who can not pay bills will lose material objects home, car etc many jobs lost in the self feeding lost of spend'able money those with savings in the bank, own home will be the lucky ones as will those who did not rack up debt or place savings in DOW & Nasdaq at highs & still holding so, fiat currency will remain with all nations all most all nations having it as paper without backing and some nations like USA printed too much but, silver & gold forget today's discussion example, silver its use for photo etc etc excess supply above and below ground today it may be true and have little concern for us but later when House of Cards fall and no bail out, since whole planet Earth in default and paper fiat still exist as money but folks will know that it was a House of Cards fiat, credit, debt but silver & gold store of value real time tested and this time it will be different forever real value, store of value, safe haven non paper stuff silver, gold and other precious metals will explode in demand to hold as worth just to simply have and place in a box knowing the future may repeat history of falling House of Cards so that using silver as example it price will explode x100 because people want it as "money" a money that itself is backed with a value of itself like gold and demand for silver to buy and store and price of silver explodes use of silver for like photos pictures will cease as too expensive and will silver's other uses or silver's use will increase cost of a product greatly but bottom line, silver will be "collected" and held and not consumed just get and hold as a store of value and every ounce available will be taken and every ounce mined will be "already sold" at a high price so, all precious metals except those deemed national security for space program or military use will become real money and any high priced silver and gold used in a product will just increase the price requiring lots of that paper money that no one will ever trust again my guess in 5 -10 years every bank will hold physical silver & gold and everyone will hold their savings in silver & gold not paper fiat might even see silver & gold coins soon price determined everyday but the pog & pos determined by the markets doug