SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: lbs1989 who wrote (9932)4/29/2006 9:14:14 AM
From: loantech  Read Replies (2) | Respond to of 78416
 
<printed by the best Political Economist going>

Is that Bill Buckner?



To: lbs1989 who wrote (9932)4/29/2006 12:18:10 PM
From: E. Charters  Respond to of 78416
 
Gold is not what falls off the back side of Camels!!

# now that is debatable. In some cases it may be what falls off the back side of camels is gold. The corollary, or generalized consequence, that all that falls off the backside of camels is therefore gold is perhaps a premature prediction. It demonstrates the hopefulness of the investor, however, in seeking wealth sources that do not require arduous effort to implement. I am with the investor 100% in this sentiment.

I try to read between the lines of what my friend CC says and what I see printed by the best Political Economist going.

If the sh1t really hits the fan everything is going to get sold. Stop losses will be no help.

# the existence of warnings by pundits of chaotic oscillatory behaviour of the markets when highs are being surpassed is a frequent but not always economically exploitable phenomenon.

We all need to have some real money not IOU's.

# money of course will not help you as you indicate. Gold does well in bad markets. This is a good observation.

I do not see Iran backing down. They think the US is beaten in Iraq both militarily and financially.

# not financially of course, but the
US will do nothing to dispel Iranian overconfidence for a number of reasons. For one overconfidence in a potential enemy is definitely desirable, as overconfidence may mean underplanning. Also expressions that may at first blush may be taken as expressions of overconfidence are of course on re-examination anything but. Naked fear is closer. Bombastic stentorian declarations do little to instill confidence in the thinking mind.

I am not saying dump all your shares, but I am putting the profit into metal.

# no, (in agreement with what you say) metal producers often do well in shaky times. Oil producers will do moderately well. So far they have not suffered. Lakeshore Gold Mines Ltd. went to 65 dollars per share in 1929 after the crash. Many gold mining companies flourished in the dirty thirties because production costs were low and interest in gold even at 35 dollars, was still high.