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

To: E. Charters who wrote (18069)	9/8/1998 2:45:00 AM
From: Alex	Respond to of 116898

The COT Report.................... trillions.com

To: E. Charters who wrote (18069)	9/8/1998 3:51:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 116898

As a matter of fact while I am on a roll. All commodities are of constant value. The value never changes unless the supply changes. Since the supply factor is only a temporary out of balance, only a fool would sell commodities as they fall in price. If you haven't been buying gold and gold stocks this last year then you believe that the net stocks on the US market are properly valued and the earnings of all the tech stocks in the US will continue to rise. Well if you believe that tell me who is the buyer? China? Japan? Canada? What are the facts? Did the 500 point correction of the market happen because Russia intended to default on loans? Or is their some deeper underlying reason? The facts are people don't flee the market unless there is a cash crunch at home. That is the primo reason. And this cash crunch will continue until November. About 15% to 20 % of the money in the US market is stage left by Christmas. The market forces are the great unwashed new US investor. He is not his 1929 counterpart. He needs household cash thank you and he will take the 300 billion he needs and go home. This is going to be an awful shock. And it will happen. mailto:echarter@vianet.on.ca

To: E. Charters who wrote (18069)	9/8/1998 12:19:00 PM
From: Lucky Lady	Read Replies (1) \| Respond to of 116898

E. Charters, I agree with you...but what's a small investor to do? Significant gold purchases are beyond the average pocketbook...stock is paper. I have heard rumors about the COMEX too. Options are the only way for the small investor to participate! Any suggestions for the small investor...NOT ADVICE...opinion? LL

To: E. Charters who wrote (18069)	9/9/1998 7:19:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116898

E. Very insightful post concerning the long term power of gold under both inflation and deflation. I well remember the words of my grandfather that the family would not have made it through the depression without the gold he panned in the mountains of NM. Yes, the real miners of the US and Canada had it better in most ways, though the economic power of growing most of your own needs from that farm/ranch in eastern New Mexico was also worthwhile. I have tried to understand how this country and the whole world could have been drawn to so much "style over substance". The problem I have noted is the Media, the greater Investment Community, & many Governments of the world must have conspired to not report the true protection of gold during the depression. Why do you think there is so much effort to hurt the yellow metal? Is it a conspiracy or only a lack of knowledge of history? richard