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

To: Taikun who wrote (32305)11/15/2004 4:09:58 AM
From: dalroi  Read Replies (1) | Respond to of 39344
 
David

why not buy a goldmine with proven reserves ?
keep the gold in the ground and only mine if it realy must be

cheers

Stefaan



To: Taikun who wrote (32305)11/15/2004 9:40:11 AM
From: LLCF  Read Replies (1) | Respond to of 39344
 
<Where are they going to store all the physical silver, copper etc backing these ETFs?>

LOL, yes, warehouse business will be good. Probably make a deal with a large producer no? Buy some old storage tanks[ers]? OTOH, I can't think of a simpler logistic for a business plan... it's not a 'tech' stock is it? :))

DAK



To: Taikun who wrote (32305)11/15/2004 12:17:06 PM
From: Claude Cormier  Read Replies (2) | Respond to of 39344
 
<Hmmm...time to get into the warehousing business?>

The real place to store gold is in reputable vaults. They are more than warehouses.


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