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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (14897)7/22/2002 2:20:43 PM
From: sea_urchin  Respond to of 82354
 
long-gone, thanks, I did. Also sent an email.

Dear Power Lunch

My vote is for gold. Why?

All dollar denominated assets are in serious trouble ie US stocks, bonds and real estate. Meanwhile, the trend on the gold price, priced in dollars of course, is upwards.

If you don't believe me, look at the pictures
quotes.ino.com

quotes.ino.com

Regards

Searle Sennett
Johannesburg



To: long-gone who wrote (14897)7/22/2002 2:33:13 PM
From: Alan Whirlwind  Read Replies (3) | Respond to of 82354
 
I voted for DOW and S&P stocks. NOT.

Sent the below message:

My fiancee told her financial advisor at the beginning of the year that she wanted her portfilio placed into a conservative, defensive position. She is down 15% for the year. She asked about placing 10% in gold funds 7 weeks ago but was told this major investment firm handling her account had no gold fund. She was also informed that gold was too volatile to be a hedge against a falling stock market. Do these guys think that working people will continue to pay them to lose their money hand over fist while at the same time seemingly unaware of the few sectors that are gaining or at least holding their own?

Allan Gust
Chippewa Falls, WI



To: long-gone who wrote (14897)7/22/2002 2:46:02 PM
From: kirby49  Read Replies (1) | Respond to of 82354
 
Richard. Just made it in 5 minutes before the wire. We came in at 25%, higher than RE at 19 and bonds at 10. 46% still haven't looked at the tape again today or their statements in a while. Of course they're saying some comments from the gold side say the rise is all done. The BS never ends.

Regards

Bob