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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 (41179)10/12/2008 1:45:33 AM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 219073
 
<<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>>

... agreed.

<<... and are in most cases illiterate in financial dealings>>

... that, haim, now covers 99% of the population.

they should have, could have, and can still buy gold. this is the point i am trying to make, that gold is still a good trade, whereas i cannot think of a single trade i now dare to put on in size, with the possible exception of some as yet undiscovered and newly puked hong kong real estate.

i must confess, i do get quite a few e-mails these days from folks who thank me for having aligned their position in gold, and that is satisfaction and thanks enough, to know that i have done good deed appreciated by at least ... say, 2 dozen folks.



To: Haim R. Branisteanu who wrote (41179)10/12/2008 2:12:49 AM
From: energyplay6 Recommendations  Read Replies (1) | Respond to of 219073
 
One of the nice things about physical gold and other physical commodities - they are assets that are not also somebody else's liability, like a bond is.

There is no counterparty risk.