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To: orkrious who wrote (182708)	7/23/2002 8:27:16 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

russell put himself on the line with a gold sell. hope he gets away with it. his members just bought the crap out of it.

To: orkrious who wrote (182708)	7/23/2002 8:40:46 PM
From: Win-Lose-Draw	Read Replies (2) \| Respond to of 436258

ok, so if we run with all this, are we talking about a huge surprise cut in interest rates - eg like in half - and simultaneously dropping bags'o'cash onto city centres from helicopters?

To: orkrious who wrote (182708)	7/23/2002 9:21:48 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<Remember what I've said all along -- "In a primary bear market everyone loses, but the winner is the one who loses the least." People are being wiped out by the thousands by this bear market. Do not be greedy. If you have to take a loss take it. The first loss is the best loss. If you are down 1% or 5% or 10%, believe me, you are way ahead of the game. Take whatever loss you have to take, but get off the track. The Wabash Cannonball is coming towards us at 120 miles per hour, and the brakes have burned out. As I've said repeatedly, the IMPORTANT THING IS NOT TO TAKE THE BIG LOSS. I'll repeat this again -- do whatever you have to at this point (if you haven't already) so that you will AVOID TAKING THE BIG LOSS.>> Superb advice...and really all anyone needs to know about investing for the next 6-12 months, IMO.

To: orkrious who wrote (182708)	7/24/2002 8:55:22 AM
From: reaper	Read Replies (2) \| Respond to of 436258

ork -- excellent piece. and by the way, are you sure you're not Russell <g> i remain firmly in the deflation camp, though it is not obvious to me that gold wouldn't benefit in a deflation, at least on a 'relative' basis. as Russell so correctly reminds us, the point in bear market is not to MAKE money but to LOSE less than everybody else; VERY few fortunes are MADE in a bear market. <<the IMPORTANT THING IS NOT TO TAKE THE BIG LOSS>> everybody should have this line taped to their refrigerator door. it applies not just to financial matters but to pretty much everything. my baseball team, whenever there's a guy on third w/ less than 2 outs, they (the kids) always want to play the infield in, to cut down the runner at home. i am forever counseling them to play the infield BACK, concede the run, and get the out. 'cause the most important thing is not preventing that ONE run, it is preventing the big inning where you give up FIVE runs (and of course the big inning is more likely with the infield in, as a ball is more likely to get through). you would be amazed at how few parents subscribe to my logic, which may very well explain their behavior in the stock market as well. that said, they keep letting me coach as i've won two straight championships and we're 15-0 so far this year; too bad they don't let me manage their money. <g> Cheers

To: orkrious who wrote (182708)	8/3/2002 9:44:34 PM
From: sylvester80	Read Replies (2) \| Respond to of 436258

Problem with this hypothesis is that deflation and economic problems are not in US alone. Take a look at Europe and Asian countries, currencies and markets. This is a GLOBAL issue. The writer of the article is clueless and sounds like is losing his behind by having bought gold stocks much higher than they are now. Without inflation, gold is not going up. And without a growing economy, it will be deflation to worry about. Even on Friday from a raise that everyone expected the Fed's move to be next, now they are forecasting a 50-75 basis points decline this year. JMHO.