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


To: LLCF who wrote (28356)2/2/2003 4:04:42 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
DAK, you misunderstand me. Of course there is a market for gold. People like to wear it [some people anyway]. It has various other functions in electronics, teeth and so on. Some like to hide it under their bed so they can go cryogenic for a while instead of living today, which is the only day they'll ever live.

People don't hide their BMW in a garage for a decade, deferring living until then. They have got their stuff out in the marketplace, happening.

Sure, there are times when the marauding Mongols come through that one should hide one's BMW and wait for normality to return. Since it's easier to hide gold than a BMW, gold isn't a bad idea when it's truly time to go cryogenic.

But Montana and the mountain top people are still waiting for the second coming and there's no sign of it, despite the 2nd millennium passing with not a glitch, not even a Y2K bug.

Mqurice