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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (90650)	5/16/2013 6:30:59 PM
From: Box-By-The-Riviera™	3 Recommendations Read Replies (1) \| Respond to of 119360

tricky question <g> his thesis for the miners back when he started the "gold" funds/angle, was the usual tripe they are an extension in the ground of the gold price above the ground. an old saw we learned to sleep through for at least ten years before he rolled it out in his presentation. it was like, what? is this all this guy has? 7th graders in middle school could have done better at that point in the gold bull. that he switched out the miners for dollar store shares? where the fuck was he in 2008/9, when he should have been buying dollar store shares? what the hell? 5 years late? i see it as paper gold.............. equity or funds........... vs. gold. that's now the place where we're at. the all in one, has become gold in your hands vs. anything else related to gold. he did not apparently reduce any of his pure paper gold etf though on his best day, i'd like to see him collect his metal when he shows up at the door with his trucks humming out side. selling his miners for dollar store.. i don't think that's the contrary signal. selling his GLD shares, that might be. converting them to gold................. that would be a true commitment. but............ a commitment like that means, you are willing to let you heirs realize your wisdom long after you are dead and gone, which is the whole point. preservation of wealth, not a trade for capital gains. so.. i think not. but he's a boob, and deserves his come uppance in a big way. back room prick.