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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (19108)	5/31/2010 6:44:45 PM
From: JimisJim	Read Replies (2) \| Respond to of 48092

One other consideration we've gone with is to shift all of our checking and most of our banking functions to a credit union -- seems just a wee bit safer in that depositors own the credit union, but maybe I'm wrong about that. I'm with you on your 4 pts. -- and have already addressed all of them. Except that in addition to a home we have 65% equity in, I own two pieces of real estate (one developed and one raw, and both contiguous to each other) and own them free and clear (maybe I should borrow cheap money against them and buy even more metal?) and will be selling our current primary residence and moving by year's end. I wish I could take physical delivery of oil, refine it into various things and just sit on it for a couple years. The value may implode, but it would be nice to have a big supply on hand and never have to buy any refined products the rest of my life regardless of what's going on in the world at large... in other words, not a financial investment, but more like stocking up at Costco with various things in bulk for the longer term. How do you view holding shares of things like CEF or GTU? Or Sprott's new fund? Is it more like owning the underlying stuff, or still purely paper metal in your opinion? I've been see-sawing on that issue for some time now and still have a couple year old position in CEF I've been thinking of selling into strength because it's grown into almost a 200% position just through share price appreciation. Thanks for your thoughts, Jim