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


To: Terry Rose who wrote (11569)5/12/1998 11:53:00 PM
From: PaulM  Read Replies (1) | Respond to of 116836
 
Terry, that sounds like a good plan. With all the strategizing, I suspect that just a simple approach will be enough to raise one's standard of living in teh coming years: i.e., having no debt and large liquid position (preferably precious metals wich have little down side and big upside).

I expect both inflation and deflation (which for me is just another way of saying disappointed expectations among both dollar holders and debt holders. Govt will always spread the losses. Just look at Asia.)

I don't even watch the stock market any more. For the most part, stock are a waste of money IMO. Not "overvalued" or "pricey". A WASTE OF MONEY!



To: Terry Rose who wrote (11569)5/13/1998 12:31:00 AM
From: philv  Read Replies (1) | Respond to of 116836
 
Terry: Gold Lease Rate:

The lease rate is on a per month basis, eg. a 1% lease rate = 12%/year, which explains why the Banks and others are interested in this arrangement.

See: kitco.com

Phil