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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (3253)11/17/1997 11:05:00 PM
From: Dann Isbell  Read Replies (1) | Respond to of 116816
 
Only fools and visionaries remain invested in gold. The problem is
that goldbugs can rarely know which camp they are in. Furthermore,
they can wake up one morning and discover having been reclassified
by events. It's enough to make you crazy, so I take up other inter-
ests while waiting for vindication of "sagehood".

Dann Isbell



To: philv who wrote (3253)11/17/1997 11:27:00 PM
From: Alex  Respond to of 116816
 
Hi Phil. There are many who post here far more qualified than I to answer your question. THE question. It is not that I haven't doubted my 'faith' in gold of late, I have. And there are many reasons I could give for hanging in there (traders commitments, falling warehouse stocks, contrary investing, etc) but in the end it comes down to one unwavering belief that I have - everything that humans deem to control inevitably turns to s*it. This includes fiat currency. Gold, IMHO, mocks human stupidity, and stands alone throught history, as the only true currency with inherant value. Time is on its' side.



To: philv who wrote (3253)11/18/1997 1:09:00 AM
From: bbaeshta  Respond to of 116816
 
May I say something
Why are we interested in stock trading??
To make a profit right???
How do we do that ?? Buy low sell high??
You dont buy the overvalued stocks, buy the stocks
that are being dumped at destressed prices that have value.
WAIT AND YOU WILL BE REWARDED.

BB



To: philv who wrote (3253)11/18/1997 8:01:00 AM
From: Ron Wilkinson  Respond to of 116816
 
Phil, I too confess to being at least as confused and uncertain about
what is happening with POG. All I am sure about is that it is being
manipulated. Will its value be manipulated to that of a futures barrel
of oil, I don't know. But I also take consolation in the fact that most
of the time man has taken natural things into his hands to fix/change
their very nature it didn't work or at least not as intended. Regards
Ron.


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