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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (28174)	2/15/2003 2:08:33 PM
From: gold$10k	Respond to of 36161

Jim Willie, I enjoyed your Gold Volcano article. It's a reminder of how huge and likely the potential upside of gold is. Regards, vt

To: Jim Willie CB who wrote (28174)	2/15/2003 6:06:59 PM
From: habitrail	Read Replies (1) \| Respond to of 36161

JW good article, but one thing that concerns me. I think you are playing both sides of the fence re. silver, and I think it hurts your case as a whole. You mention Silver as a hedge against fiat, and then you mention its use as an industrial commodity. Why not stick to the Fiat stuff and leave the other issues alone? My first reason is that since you do not have any numbers to gauge the size of the fiat factor vs. the commodity factor, you don't know which one is bigger, and by how much. One could be so minuscule as to become insignificant with respect to the other. Even if they are both of equal size, that is an unstable configuration. For example, if silver price bumps, some industrial processes can be changed to get rid of silver. I would much rather see you delve more into your mechanisms for why gold will rise instead of other things happening instead. You use a volcano metaphor, Within that metaphor, I ask avenues through what? What guides people to gold instead of other things? Why is silver going to come along for the ride, but not platinum? If platinum, why not palladium? Diamonds? Or better, what about oil? Is it because you have to actually take delivery of these commodities? If so then doesn't that mean that PM stocks are no good? If you don't need to take delivery, then why isn't oil a better commodity? In any case, thank you for writing your articles. You are helping to shape the debate on a lot of topics dear to our hearts and it's a big sacrifice since you could have used your precious time to research stocks and make yourself money instead of trying to help us all see a new perspective more clearly.