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

To: TobagoJack who wrote (41150)	10/12/2008 1:05:15 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217801

TJ, what is your point in this post? Just wonder, …. we all know that you think gold is the savior of the world, I personally not sure at all... there are other much more profitable trades than just hoarding gold. Those with a better insight of market fundamentals made much more "money" than just plain hoarding gold. Some examples shorting the EUR v the USD at 1.58 - 1.60 range others bought SKF, or QID how they fared in relation to the price appreciation of gold? …… not to mention those that borrowed various trenches of subprime MBS and sold them short. How about those folks on SI that for years where shorting FNM - if they stayed short to date? Therefore please get of the high horse and please do not related to “buying gold” as the ultimate saver of any financial debacle, as there are so many venues to generate substantial gains on your investment if you are savvy of market trends and enough knowledgeable

To: TobagoJack who wrote (41150)	10/12/2008 1:25:34 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217801

.... as a side remark or addition what is true is that gold can be a very reasonable alternative investment for those peasants in India or China or world wide who have no access to the world financial markets and are in most cases illiterate in financial dealings. Gold even that is very shiny and fascinating for millennia to human kind is a poor investment vehicle. Nothing wrong in owning gold if one so desires, but at least being able to enjoy its ownership – and not have it buried in some safe at some bank <GGGG>