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


To: TobagoJack who wrote (52235)8/11/2004 4:26:26 AM
From: Taikun  Read Replies (1) | Respond to of 74559
 
I have now heard two interviews with Jim Rogers where he talks about his newborn daughter.

He says that gold is the best thing for her investment account.

Finally you have a home for all those hunks of yellow metal jangling around in your filing cabinet drawer!

You could even have them re-minted! She'd be the only toddler with her own currency. (By the way, there are some nice design ideas on Byzantine coins!)



To: TobagoJack who wrote (52235)8/12/2004 3:34:26 PM
From: Maurice Winn  Respond to of 74559
 
<daddy says, 'hit, hit again, make them cry, ... but get the gold, make sure they give up the gold' :0)>

Jay, I gloat in passing that as the markets take fright at the prospect of rising interest rates, while fuel is also high-priced, people are recognizing the value and security of a company with several$billion in the bank, a booming market, protected intellectual property, thousands of talented people and the sky the limit. QCOM remains as steady as a rock as the storm breaks.

SUV sales are dropping and people filling the tank have their jaws dropping. They can still afford those wondrous little devices which preclude the need to travel in many instances.

QCOM 697 G 395

Note the acute difference in the concepts behind the two. Gold is a horribly high cost world of "hit, hit again, make them cry, ... but get the gold, make sure they give up the gold". CDMA is a low cost world of voluntary exchange, interpersonal attachment, free association, creativity, achievement, intelligence where anything is possible. A world of peace, light, harmony, happiness, health, prosperity, longevity, fun and love.

I think you should give Erita a world of peace, light, blah, blah, blah instead of a cold, heartless, lifeless bar of gold which some poor blighters have wasted their days digging out of deep holes in dirt and rock. Which people steal and fight over. Which might be contaminated with the blood of Aztecs, long gone.

You should see the arduous conditions in which the Chinese gold miners lived in Arrowtown [in the South Island] as they worked to find something of value. arrowtown.org Now, they sit in San Diego or China in good conditions, out of the rain and snow, clicking on computers, making CDMA, to earn a LOT more money with which they can buy cyberphones.

It looks like the beginning of the last leg of the Biotelecosmictechdot.com market clearing mess is underway, with interest rates going up and the indebted, and creditors, to be challenged as to their wisdom, prudence and judgment not to mention ability to predict the future.

This might be my last day of gloating, so I thought I should enjoy it while it's going.

Mqurice