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


To: maceng2 who wrote (38867)9/26/2003 6:09:15 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Only suckers buy gold...

I feel like a sucker for selling NEM at 35-36. Trying to decide whether to unload some more at 40.



To: maceng2 who wrote (38867)9/26/2003 10:29:02 AM
From: Joe S Pack  Read Replies (1) | Respond to of 74559
 
The author is ignorant of what is happening in India.
There people BUY gold not to sell but to wear (especially in parties and special events to show off their status, and as gift for marriage engagement, marriage, new born baby, girls maturing, sacrificing hair to god, 1st, 10th, 25th and 60th marriage anniversary, piercing of kids ears, for special brews to improve man's vitality, etc ....) and enjoy the touch. Now platinum also is getting attention.
May be they will slow down buying. But Indian rupee also recently appreciated by more than 6% against US$.


Only suckers buy gold...