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


To: Haim R. Branisteanu who wrote (41031)10/10/2008 3:11:49 PM
From: gg cox  Read Replies (6) | Respond to of 217764
 
Gold is the only area where the little generals and today larger generals can eek out a small profit.

There are many little generals on SI, and today,still, can not see themselves as part of the problem ..it is everyone elses fault and they are entitled to sell for peanuts on a five cent pop.
The markets are changed forever with advance of computer age.

Message 25028239



To: Haim R. Branisteanu who wrote (41031)10/10/2008 3:14:27 PM
From: KyrosL  Read Replies (1) | Respond to of 217764
 
Gold is a commodity except during extreme panic periods that need to be more and more panicky as the years go by, and the old gold bugs die off. I have gold in the portfolio, around 4%, as an extreme catastrophe insurance, and because I am an old fart, but I am under no illusion that it will regain its old monetary glory in my lifetime.



To: Haim R. Branisteanu who wrote (41031)10/10/2008 5:39:10 PM
From: TobagoJack  Read Replies (2) | Respond to of 217764
 
Message 25054363

... also, because gold is liquid, and folks who need cash must sell, just like during asian financial crisis when all else domestic was illiquid.

this time, the crisis is global, and illiquidity is also global. whatever one may wish to sell, the price keeps dropping and dropping until it rapidly becomes instead a 'buying' opportunity.

monetary inflation is a must, a national security imperative.

recommendation: buygold, then buymoregold, and if opportune, buymuchmoregoldagain