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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (23930)	11/12/2003 7:55:15 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 39344

Actually rough intuitive visual guestimates seem to work fairly well at times. That's all I have. I may sound like I know what I'm talking about at times, but don't be fooled :o)

To: jrhana who wrote (23930)	11/13/2003 1:57:42 AM
From: E. Charters	Respond to of 39344

So like what does it mean when it goes to negative interest? Do the lenders pay you to take money off their hands? We look into a scene in Anytown USA. A Banker gets out of his rusty Toyota, and shuffles past a gleaming AMG in the driveway. He pushes a barrow ahead of him, overlflowing with wads of 100 dollar bills. "knock! knock! knock!. comes his hurried insistent rap on the heavy gold plated rapper on the imposing oak panelled door. Slowly a servant opens the door, and beckons to a lazily sauntering man in a monogrammed satin housecoat with a copy of the Wall Street Journal under his arm, meerschaum pipe in hand. The servant bows low and scurries away, the epitome of servility. "Yes, what is it, my good man. I can tell by your ragged clothes that you must be a banker", says the man of the estate. Banker: "Your wheelbarrow of money, sir" Lendee: "But I didn't ask for any, what is this for?" Banker: "Regulations, we have to lend a million dollars today and you were next on the list" Lendee: "OK, just dump it in the corner, by the woodpile. how much are you paying on it?" Banker: "A whole five percent." Lendee: "I am not sure I want it, the bank down the street will pay six on loans, he has free coffee, and gives away chocolates every time he pays the interest. Banker: "Ok look, how about we double it, and pay 7. Nobody can beat that." Lendee: "So when do I pay it back?" Banker: "Suit yourself. It makes no difference if we ever get it back. Consider yourself a small foreign country. If you need to pay it back, just give us a call, and we will lend you some more." EC<:-}