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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: Superhawk who wrote (1440)	4/22/1998 10:48:00 AM
From: Mike M2	Read Replies (2) \| Respond to of 1756

Scott, have you seen this site gold-eagle.com it is truly outstanding. They have many contributors including James Dines.I feel it is prudent to at least own a small amount (relative to your net worth) of physical gold as insurance. Do you feel your auto or homeowners insurance is a waste because you did not file a claim? Mike

To: Superhawk who wrote (1440)	4/22/1998 2:16:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 1756

One of the hats I wear is programmer. The Y2K issue is, yawn. The worse thing that anyone including Keyes is to believe too strongly in your own hype. Let's talk about a real bug. Worldwide ebola. No one goes to work. Gold becomes not infinite, but extremely high priced. You can't exchange it because few if any can make change. But this kind of circumstance always confronts civilizations, even the most advanced ones in the galaxy. Some things you can't protect yourself from. So don't bother. The best strategy is not to look for protection but opportunity. You will be protected by converting the opportunity to success. Gold stocks often move inversely to industrial stocks so while the tide is receding the gold stocks are playing the role of flying fish. You shouldn't buy physical gold for all the reasons we've discussed. If you must, buy some Canadian Maple Leafs or numismatic $20 Gold Eagles of recent mintage. Remember this is hobby horse time if you buy coins, not investment. And it would be imprudent to use your IRA money to pump up your hobby. You're not here to do that, you're on this forum for investment purposes so buy Homestake, etc.