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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (24111)	10/11/2002 11:14:15 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Maurice, <<Therefore gold remains inadequate as the foundation for money. It's becoming less adequate>> We shall see. In the meantime, folks seem really desperate for some earnings, and soon, they will rediscover China high dividend paying growth companies:0) moneycentral.msn.com "The Uncle-Sam scam Finally, in the Yankee-ingenuity department, I'd just like to point out a recent story in The Wall Street Journal called "How to Juice the Return on a Savings Bond." Here we read about how people have been using their credit card to buy bonds, cash them out, pay the penalty for early cash-out, and still come out ahead, via the credit card companies' frequent flier miles or cash-back perks. It's just too bad that they can't redirect the energy expended in all this to learning how to be better investors – for instance, how to recognize the sham in corporate American hype -- than milking a couple of pennies off of the U.S. Treasury." Chugs, Jay

To: Maurice Winn who wrote (24111)	10/12/2002 12:13:02 AM
From: Don Lloyd	Respond to of 74559

Maurice, I doubt that an ounce of gold per person is enough to act as a store of value, ... That's why we have QCOM stock. -g- Regards, Don

To: Maurice Winn who wrote (24111)	10/12/2002 7:07:13 AM
From: mcg404	Read Replies (1) \| Respond to of 74559

Mqurice: <<it's still true that digging something up at great expense, simply to hide it in another hole at Fort Knox or somewhere as a store of value, is a vast waste of effort... It's better to build factories and useful stuff to act as stores of value.>> And how should we define "useful"? Isn't this entirely a perception thing? To take but one example from the vast universe of electronic toys, the belief that a PDA is "useful" is about as irrational, imo, as a belief in some of that religious stuff. Is a factory to produce a useless PDA any more a store of value than a factory to process ore containing tiny (and useless) amounts of gold? Personally i think both are serving the same "useful" purpose: that fat gold chain swinging around my neck (with the shirt casually left open to expose some virile chest hair) is just as surely a sign of my wealth, sophistication and therefore sexually attractiveness as whipping out that PDA to check the "to do" list. Just different audiences. John