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Gold/Mining/Energy : Non Politically Correct Gold and Resource Stock Discussion G -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (1)2/20/2005 3:08:38 PM
From: jrhana  Read Replies (4) | Respond to of 180
 
Very well put. I think what happened is that during the long gold bear market, gold bugs had their brains toasted. Their ideas were seared into the rigid dogma of world wide doom.

The idea of the world side inflationary boom makes intuitive sense to me and seems to correspond to what I observe in my daliy reality.

Message 21063528

I had thought of starting a thread where all politics would be banned, but I think I like your idea of politically incorrect better.

So here goes: George Bush is a great man and a great president. He is doing more to promote the wellfare of the common man than anyone else.

The recent Iraqi election shows the correctness as well as the courage of his vision. I admit to being amazed. But I have no doubt that the majority of the populations of the Islamic countries have no desire to live under an Islamic dictatorship.

World wide boom with democracy everywhere-bring it on. This means a humanistic capitalism not feudalism and not left or right wing dictatorhips.

After this I hope to withdraw from politics as much as possible and refer to this thread where they have to guts to tell the truth:

Subject 53920



To: Bearcatbob who wrote (1)2/20/2005 3:49:19 PM
From: Claude Cormier  Read Replies (1) | Respond to of 180
 
< see gold and oil as commodities that go through cycles >

Well that means you deny gold traditional role as money. Just because it has been absent from the scene since 1971 in the US doesn't mean that its monetary role has been extinguished.

Could it be that we are just witnessing another reversal that will see gold monetary role increasing over the next 35 years.

After all, there is ample evidence that paper currencies cannot work in the long term. They are OK for a while but then abused by most governments.



To: Bearcatbob who wrote (1)2/20/2005 9:13:36 PM
From: Mario :-)  Read Replies (1) | Respond to of 180
 
> I see gold and oil as commodities that go through cycles

With due respect, gold will always be currency for me. Regardless what different governments are trying to make me to believe. Regardless of how much they are repeating: ... it is commodities... For me, Gold it is and it will be Currency as it is already for eons...

Can't argue about cycles, though :-)



To: Bearcatbob who wrote (1)2/21/2005 12:18:11 AM
From: goldsheet  Read Replies (2) | Respond to of 180
 
<gold boards seem to attract some who think that the economic
world is coming to an end - and seem to hope it does.>

Yes, goldbugs can get quite tiring.
I remain optimistic free market economics will work
and problems are just opportunites wating for solutions.
I like gold stocks that do not just promote themselves,
but actually make it to development and production.
My prediction of higher gold prices combined with higher
production by the end of the decade is not "goldbug correct"
but will provide investment opportunities for the optimistic.

Overall, Julian Simon is my hero / mentor
If you has not read his works they are quite brilliant,
and definitely politically incorrect !
cato.org
wired.com
worldofquotes.com

"All of us necessarily hold many casual opinions that are
ludicrously wrong simply because life is far too short for us to
think through even a small fraction of the topics that we come across. "