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


To: Haim R. Branisteanu who wrote (37057)8/9/2003 10:39:23 AM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hello Haim, <<you are betting that fiat money is worth more than the store of value? ........ even with anticipated gold sale by EZ CB's ?>>

I am betting that fiat money is worth less than gold, though currently still valued more than gold.

I am betting that the House of Saud will fall, energy pricing will zoom upward, chaos and mayhem will replace order and peace.

I am also wagering that Greensputin has lost control, and BurnAndKaput cannot gain control.

Chugs, Jay



To: Haim R. Branisteanu who wrote (37057)8/9/2003 11:16:49 AM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
He is selling puts on gold producers. That's a conservative bullish bet on gold, not fiat money.