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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (94506)4/11/2003 11:44:01 AM
From: long-gone  Read Replies (1) | Respond to of 116845
 
<<They will discover them(gold stocks) eventually, but that will be the time to sell, cause gold will be = to Dow Jones then>>

Really, at some level, we must admit Bob Johnson is slightly right - or to say it better, his description of is somehow somewhat near correct. Gold is only in part an investment, Gold is as well a part insurance, and nothing less than a part religion.

Thus those very factors that prevent Wall Street from allowing gold a place on their view finder are the same factors which will make it win - but win slowly. The current investment generation will never again fully believe the prior Wall Street mantra that "nothing should be put into gold". Many more people are - on their own - diversifying a small percentage into gold & and questioning Wall Street.. People aren't sold Gold as an investment, they are converted to the religion of gold - and for some this is only a partial or "reformed" conversion, while with others, evangelists are reborn in The Faith and some are even joining the orthodox version of The Religion of Gold.

Let Wall Street remain salesmen of Investments, I prefer converts & apostles! Yes, Apostles are the answer - today each bug should convert one person - who will in turn convert several more, who will in turn convert several more.

But then Bob might might call the practice "infecting" rather than "converting"......