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


To: Don Billins who wrote (6277)1/19/1998 1:52:00 PM
From: Mark Hutnick  Read Replies (1) | Respond to of 116764
 
Don,

The L.Strauss write-up on Gold is clearly one sided. He stated every possible reason why Gold is 'bad' and no reasons why it is good.
Clearly a shorter. OF course there will be ups and downs and sideway movement, but I would much rather put my faith in a simple valued metal than a complex, corrupted, and unpredictable currency. He mentions one and only one co., Pegasus, and makes a big thing about its' bankruptcy. So what? how about other companies in other sectors that go belly up. Does it mean that a sector is bad because one out of a hundred companies file bankruptcy?
Sorry, this guy's argument holds no water. Marco