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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (14343)2/24/1998 12:53:00 PM
From: epicure  Read Replies (3) | Respond to of 94695
 
Gold is an element. Diamonds are merely squished carbon atoms. So it comes as no surprise that "real" diamonds can be made. But how exactly do you expect the making of gold to occur?



To: James F. Hopkins who wrote (14343)2/24/1998 1:28:00 PM
From: Jon Matz  Read Replies (4) | Respond to of 94695
 
James, chemistry isn't in my background, but I believe that gold is an element. As such we can find it but we can't make it, where as diamonds are a manipulated compound of elements. In other words you can change gold properties by adding to it, but it is impossible to subtract from it in its purest form.

God made the elements just the same as he defined the boundaries of mathematics. We can discover them and but we can't create them. They are Alpha and Omega, a never changing constant in this universe.

I'm sure their are some with a scientific bent that could shed a clearer light on this, perhaps some will post their comments here.

Cheers, Jon



To: James F. Hopkins who wrote (14343)2/25/1998 2:39:00 AM
From: paulmcg0  Read Replies (4) | Respond to of 94695
 
[the best hedge is to pay off all your dept]

I must be a statistical anomaly, because I've done just that (paying off all my debts like my student loans) and I owe nothing.

So, I have my funds in cash, money market funds, and a few option puts, and I'm just waiting for the collapse.

Everybody wants to extend me credit, but I won't sign for any debt, because, while things are going well for me financially right now, I don't know what the future holds. So, I hold off on major purchases, drive a 10 year old Honda Civic, and live in an apartment instead of buying a home. And I wait...

Sooner or later, the deflationary crash will come, and then, everything will be much cheaper (because people will be selling for pennies on the dollar to cover their debts), and cash will be king.

Paul McGinnis