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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: 4figureau who wrote (7842)10/6/2002 11:59:07 AM
From: jjkirk  Respond to of 89467
 
Ah soo, auric Master! Thank you for that confirmation.

I had thought about shifting my 25% out of gold and into shorts for the next couple of weeks. After I posted to you, I read this from Richard Russell as reposted Friday by JWRPHD: Message 18076081

Extracts:

"Dec. Dollar Index was up .64 to 108.00. With stock markets around the world sinking, the currency guys and gals still believe that the
safest place to be is in dollars. Are they right? Time will tell. Of course, you know what money I think is safest, don't you? It's called
gold, but gold's time has not yet come.
...

"XAU up .43 to 67.10. HUI down .50 to 119.50. Gold shares (not the metal) feel some pressure when all common stocks are declining,
but gold shares will do much better than other stocks. Patience."...

I'll try patience, 4figureau...thanks...jj



To: 4figureau who wrote (7842)10/6/2002 9:35:39 PM
From: pogbull  Read Replies (2) | Respond to of 89467
 
Nice username, I've read you at least 100 times and never put that together. You'll have to forgive us (for being a little slow) on the Golden Jackass thread as our leader has been banished from SI until Oct 24.

Do you have a time frame for the 4 figure au?? I have a significant physical gold position and will be a happy camper when we get there.
Best to you.
JWR