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

To: jrhana who wrote (25847)	12/22/2003 10:02:45 AM
From: Little Joe	Read Replies (3) \| Respond to of 39344

I have given this a lot of thought. The real issue with real estate will be how much inflation will be generated. If gold is going to go up due to inflation, it is difficult to envision housing prices not also going up. If gold goes up in the absence of inflation. i.e. solely due to currency crisis, terrorist attacks, or depression, it will be otherwise. As you know I think the inflation scenario is most likely. Little joe

To: jrhana who wrote (25847)	12/22/2003 11:48:13 AM
From: E. Charters	Respond to of 39344

Optimists are only right 50% of the time, but it doesn't matter, because they are not surprised by being right, nor dismayed by the lack of a good outcome, being optimists. But being wrong only once, discounts their optimism as ever being justified where the general pollyanna condition precludes taking necessary safety precautions, such that the chances of a disastrous outcome are guaranteed. Optimism is never safe. One the other hand pessimism gains too much credence by the occasional failure. For these reasons I strike the middle ground of waiting, looking back and judging what outlook I should have had. EC<:-}