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


To: Ron Wilkinson who wrote (4334)12/16/1997 1:26:00 PM
From: Ronald P. Margraf Sr.  Read Replies (1) | Respond to of 116759
 
Hi Ron,

Thanks. Well I am none of the above. Just an average Joe that has and
is paying my dues in life and to my government.;-( But I've seen alot
over the years. I've come from a time when a full scale trades man was
being paid 2.75/hr to where they were in the 80s getting almost 20. A
time when you where responsible for your own actions, not a corporation
or a government. I've see gold go from 40 to 890 in a short time and at
that time couldn't buy a job let alone steal one.

I personally place no value on gold or silver but understand that everyone
wants to have some. It is on this latter comment that I continue to accumulate
companies that can and will be able to mine the yellow stuff at very affordable
levels and have proven reserves in the ground.

Many years ago an old timer once told me (back in the 70s), who had gone
through the depression day as a teenager and runner for a brokerage house
that know matter what happens never discount gold. It doesn't matter what
it is worth to you but what it is worth to someone else. No matter what anyone
says about it, it will always be worth something. Cash is the key and gold
is the lock. Buy it when no-one wants it and sell it when they do.;-)

Ron