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

To: carranza2 who wrote (68797)	1/4/2007 4:30:10 AM
From: marcos	Read Replies (3) \| Respond to of 74559

'difficult to transport' - what ... how about you load this here wheelbarrow, and just watch me push it real fast Diamonds are not malleable or divisible or uniform, nor, imho 'as pretty', for that i would take emeralds and rubies which still have the other problems ... some do use gems as a store of value, i once knew a fellow who went around buying estate jewelry, he had quite a collection ... but this is a niche thing, far smaller than the gold market No one cares if you buy gold or not, i don't myself much, got very little physical and that only for novelty purposes really ... sure there is faith involved in that sense, but there are thousands of years of history in that faith for gold, from our species, unlike other things like fiat currencies that come and go ... you can't just willy-nilly print the stuff, even you have faith in that fact, surely It's real, concrete, got specific gravity, in a world where we are wedged ever further from the soil and reality ... it's not subject to the whims of politicians and bureaucrats, it's free-making, independent - you just load up this wheelbarrow and let me get out of sight, and i'll show you independence, lol Finding gold is very much a tech play, fwiw ... lots of modern technology used in going over old mining camps, new ground, all over ... there are other metals too of course, flavour of the year is uranium, now that one you don't want coins of, but it may be what heats your coffee and makes your light bulbs glow ... there is zinc, without which the steel around you would rust away in a flash - there are U and Zn supply gaps coming, due to years of a metals bear that incorporated attitudes like yours toward real stuff, nobody went out and developed mines, there was no capital available, nobody cared as long as the old stocks were cheap ... take a look at their price trends, nickel too, and silver It was your comment here sneering about measuring the Dow in gold - Message 23145207 ... that stimulated me to post ... and to sneer right back - how arrogant of you to presume a thing can be measured only in your fiat currency ... gold was around and functioning as a measure long before the Dow began, and gold will be around long after the Dow has ended ... also gold doesn't have US Leathers it needs to drop periodically to make itself look good, lol ... first time i saw the Dow charted against gold was in the seventies - some of the original TA artists were goldbugs then, notably Ian Macavity, he had all kinds of charts and indicators, we used to sneer and call those people chartists, but he made some great calls and a lot of money ... your sneering there [and it really is a bit thick] comes because you just never heard or thought of such an approach before, let's hope anyway ... fwiw, personally i am not holding my breath on Dow-gold parity, but i do expect to see it at three or four to one within few years Long time since this thread was in its prime ... wonder what DJ is up to ... used to be great, him and elmat and Jay and Mq and all, various others breezing through