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.
Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: RonMerks who wrote (5017)4/20/2007 2:20:56 PM
From: Nihontochicken  Respond to of 50428
 
nowandfutures.com

NC



To: RonMerks who wrote (5017)4/20/2007 3:00:19 PM
From: Jamey  Read Replies (1) | Respond to of 50428
 
Ron, I find your comments about gold and gold bugs rather amusing. Many who day trade gold are making amazing profits. Also, long term holders are year over year beating the DOW and the S&P quite handily.

It's really quite simple. Gold rises over a failing FIAT and also rallies on a rise in oil prices.

Many or most of us don't expect $3000 gold overnight. It's simply a goal that some have set as a result of the inherent worth of gold. A dollar cost nothing to print. At least 3 to 4 tons of earth have to be moved for every ounce of gold produced.

I suspect that those who do not have gold hate it but that's alright too. Gold has been used as money for 5000 years. I suppose your rant does little to change that.

Interesting tidbit. Slider NEVER posts as long as gold is in action. He only blasts a falling gold price. There is worlds of importance to that fact and gives you a good idea of what he is all about. Just remember this. To be a good investor you have to look past the manipulation and crap that some people do. IMO, in the long run they break even, just as all of us must.

Jim