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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (3392)	2/22/2003 12:58:26 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 5423

I took it to the next level and requested that my parents place a sizeable portion of my inheritance in gold they declined, calling it speculation I asked them if they expect all the banks to remain solvent they said yes, they are insured I asked if they like the 2-3% interest received they said it is ok, no inflation I asked if inflation measured their doubled property tax and doubled home utility bills they doubted their claim of no inflation they said they are thinking about putting 5-10% into gold, but have no idea what that would involve, like what investment I suggested a gold mutual fund like Toqueville I told them that 2/3-rds of all pensions will disappear and that many inheritances will badly erode they said they dont care anymore, both in 80's I said my gold investments will eliminate any dependence on inheritance required for my financial security they think that is a silly comment from someone who lost his ass in 2000 / jim