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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (71965)	1/3/2010 7:47:03 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

With cash continuing to pile up from Livedoor, Qualcomm, PHR, not to mention Zenbu and a short of JPM at $45.77, I'm going to have to come up with something to spend it on and sooner is better than later. You are right here: <besides cash which is not a destination but a way-point > For decades that has been a principle of mine, but in recent years I have been caught out by various things, which is highly irritating. Unfortunately, the stock markets seem to be too high for so soon after the great panic of 2009, with the US$ having been well-pummeled and unduly so given the economic situations of UK, Japan, NZ, Europe and elsewhere by comparison. If I found some gold bars lying around being sold on www.TradeMe.co.nz without the barbaric trading costs, it would be quite fun to have a stash. But I'm mindful that I once [50 years ago] had a stash of silver which went to zero when it was stolen. Gold bars would also be subject to being reset to zero value by the simple expedient of removing them from my possession. Other assets can also be removed, but not so easily just from me. The Governator and his electorate in California could decide that my QCOM assets are more rightfully their property than mine. <will you not engage with getgold so as to partake? > Mqurice