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


To: Don Green who wrote (17841)9/6/1998 8:44:00 PM
From: sana  Read Replies (1) | Respond to of 116790
 
Interesting quote from an article by Michael R. Gordon of the New York
Times.
The article concerns Viktor Chernomyrdin who is Russia's prime minister. He discusses how to save the Russian economy.
"In a major address to Russia's upper house of parliament, Chernomyrdin outlined a two-stage plan that would begin with the easiest and most popular step: turning on the money-printing presses so the government could pay workers back wages and prop up ailing banks.
Only later would the government impose iron discipline on its tumbling currency by rigidly linking it to gold and hard-currency reserves"

BINGO



To: Don Green who wrote (17841)9/6/1998 9:19:00 PM
From: Jay Bilotta  Read Replies (3) | Respond to of 116790
 
Don,
Considering most of the members here seem to be LONG TERM Gold Bulls, Is anyone here actually above water a.k.a. actually making a profit on their entire Gold investment?

For someone who claims to be so knowledgeable in the investment arena, you seem to be confusing "LONG TERM Gold Bulls" with "Buy & Hold." Many of us, including me, have been in and out at what we considered the appropriate time. FYI, because of my precious metals investments tripling and quadrupling I managed to retire early (in Dec. '96). Proof? See the article that was done on me in the Nov. '97 issue of Smart Money Magazine. I am sure that I am not unique.

I would figure most here are so below entry level that it will take a major upward rally in Gold to $350-400 for anyone to truly be ahead..

Many of us feel that $350-400 is not, as you say, "a major rally." It is rapidly approaching.
Why? Read the posts from the knowledgeable people here that, unlike yourself, have lucid, valid arguments to support this hypothesis.

Finally, I remember the turmoil that you caused on the "From The Trader's Desk" thread. You are now attempting to create the same turmoil here with your argumentative, baseless posts. The people here Have a Life - you should try to get one too.

In case you forgot the "turmoil" that I referred to, above, please see the last three posts concerning you before you "disappeared:"

Talk : Short-Term : From the Trading Desk
Next

To: Don Green (2285 ) Monday, Jan 12 1998 3:11PM ET Previous
From: steve goldman Reply # of 3607

Don,

Once again you diverge....gosh, you can't win the argument in front
of you, you just start firing off those you think you can win. You'd
make a poor politician. Most people see right through that.

Don, you are trying to make a case that I aggressively promote or
push my firm or my firm's services onto thread readers. I find it
insulting given the time I take to answer questions on this thread
and the time I spend speaking to individuals who callme with
concerns about the market, their positions etc. I think most would
verify that my integrity is not something you should be
questioning.

I thought you were going to no longer post on these threads?

Regards,
Steve@yamner.com

Subject: From the Trading Desk Jan 13 1998 2:56AM EST
To: steve goldman Reply #2293 of 3607
From: Berney

Steve, As indicated in my correspondence to you long ago, or
so it seems, ignore Don and take the high road. It's just not
worth this on your great thread! Your effort speaks for itself
for all that care to listen! It's not worth it! Your efforts
speak for the time you spend on this thread and the effort your
firm commits to the task!

Berney

Subject: From the Trading Desk Jan 13 1998 7:29AM EST
To: steve goldman Reply #2294 of 3607
From: TORO

Steve
I agree with Berney, you have a thread that is both informative
and enjoyable to read. There is another heckler on another
thread, and the more you answer them the more they waste
everyones time. Its alright for one to state an opinion and go
on, but to continuously harp on the subject is annoying. It seems
the thread creators have been very diplomatic in addressing the
problem, and from what I have read here you addressed the issue
and responded accordingly. Now lets get back to Trading Desk
issues and not you said this, and I said that format.

TORO