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To: Jock Hutchinson who wrote (25513)1/30/2003 4:44:26 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
I am not at all sure that we are in a bull-market in gold, but I am even less sure that we are anywhere close to a bull-market in stocks (whether secular or cyclical). Even if I thought everything will go down, I would still think that gold will go down less than stocks can.



To: Jock Hutchinson who wrote (25513)1/30/2003 6:00:40 PM
From: E. Graphs  Respond to of 25814
 
Unfortunately, a lot of people are completely ignorant when it comes to gold. Maybe this will help.

mises.org

BTW, last I heard the Russians are actually decreasing their USD reserves.......USDs can be printed in infinite numbers, electronically. The Fed recently said they will do whatever it takes to avoid the deflationary spiral of Japan.

Gold is believed to have been formed by the collision of two stars, and mined by man, therefore man's labor brings gold to us, not the printing presses of dictatorship, kings, and potentially dishonest men.

Many will honestly say 'In God We Trust' should ONLY be inscribed on gold coinage and coinage backed by gold.