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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (22844)9/21/2007 1:42:25 AM
From: Cactus Jack  Read Replies (1) | Respond to of 217652
 
"It's esoteric," said Richard Bregman, chief executive of New York-based financial advisory firm MJB Asset Management, which has $85 million in client assets.

"The primary retail use of gold is in jewellery. It's difficult for me to see what drives the prices," he said.


Absolutely stunning. Would you trust this man with your money?

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To: Crimson Ghost who wrote (22844)9/21/2007 4:56:05 AM
From: TobagoJack  Read Replies (4) | Respond to of 217652
 
<<Physical gold ... volatile and difficult to understand, financial advisers and analysts say>>

... yeah, i can see that, what with today is an ounce tomorrow becomes diluted to 0.9 ounces due to option issuance to management and what not, and 0.8 ounces after expensing previously capitalized R&D cost.

<<"It's esoteric," said Richard Bregman, chief executive of New York-based financial advisory firm MJB Asset Management, which has $85 million in client assets>>

... yeah, it is also "f__k you, as in no fees for you, human slug, and no profit share either, slime manager".

<<"The primary retail use of gold is in jewellery. It's difficult for me to see what drives the prices," he said.>>

... yeah, because yo do not understand economics, have no clue about history, can hardly read, apparent, and is no good in math; that is why you are a money manager, as opposed to making a real living.

I think I have expressed my feelings adequately :0)